I've spent the weekend reading papers and there is a common thread that the market will fall much further because of the US uncertainty and possible recession.
BHP share price has fallen some 15% off highs in Nov. It currently has a PE of 12.9 on friday's close. IT will announce a bumper profit margin again with more to more in the coming years. I can't see it dipping much further.
Anyone else share the same view or am I naive on the consequences of a US fallout.
Appreciate other thoughts.
will bhp fall further
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Last
$41.51 |
Change
-0.250(0.60%) |
Mkt cap ! $210.7B | |||
| Open | High | Low | Value | Volume |
| $41.75 | $41.77 | $41.35 | $154.0M | 3.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 724 | $41.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.51 | 5513 | 21 |
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| Last trade - 15.14pm 22/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |