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
$43.79 |
Change
-1.070(2.39%) |
Mkt cap ! $222.1B | |||
| Open | High | Low | Value | Volume |
| $44.90 | $45.61 | $43.34 | $552.4M | 12.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $43.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.81 | 33411 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |