BHP 1.09% $42.68 bhp group limited

will hold high

  1. 749 Posts.
    Remember t3 when they released the details, insto's bought in and held to maximise their allocations to the sale?

    Its like when a poor stock goes down a fair % for the year, anyone who is going to sell soon gets out just before 30 june to crystalise their losses and offset other gains, but after on 1 July and for a week or so nobody is selling.

    While every man and his dog will buy this before tomorrow night, they all have to hold until the buyback, so not many will be selling in the weeks leeding up to the buyback.

    Just my thoughts anyway. Likely to see $29 by march.
 
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