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
$43.74 |
Change
0.260(0.60%) |
Mkt cap ! $221.8B | |||
| Open | High | Low | Value | Volume |
| $43.65 | $43.92 | $43.56 | $271.0M | 6.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $43.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.74 | 8771 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |