Potentially both.. we need to remember what is popular will draw money and lead to SP increases. If BHP announced they would buy a Li asset the price would be in the $60s now. Nature of the beast.
Personally, after being involved with shale oilers and beach/santos/oil search locally... sometimes the oil recovery game is a zero sum event. Bit different for the likes of BHP but I don't really mind this demerger.
The market likes to so far.
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$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B |
Open | High | Low | Value | Volume |
$39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
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---|---|---|
7 | 1696 | $38.45 |
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Price($) | Vol. | No. |
---|---|---|
$38.46 | 24810 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 708 | 38.450 |
1 | 3000 | 38.440 |
1 | 26 | 38.420 |
2 | 1745 | 38.410 |
9 | 3475 | 38.400 |
Price($) | Vol. | No. |
---|---|---|
38.500 | 135 | 1 |
38.540 | 350 | 1 |
38.550 | 200 | 1 |
38.700 | 13 | 1 |
38.720 | 426 | 1 |
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