BHP/RIO are responsible to their shareholders and company growth through increasing economies of scale, lowering costs and increasing bottom lines.
It is not in their interests for prices to be crazily too high OR obviously too low.
Time and time again during corrections, we see media and shareholders getting scared and looking around to find someone to blame. No one is upset when IO is !60 PT. It's just the market. If you are in it, and we all are in some way, suck it up. There isn't any 'big guy conspiracy to knock out the small guy' and especially not in this case, where the ore price is so detrimental to the BHP/RIO themselves, their bottom lines and their shareholders.
BHP/RIO are responsible to their shareholders and company growth...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$38.44 |
Change
-0.475(1.22%) |
Mkt cap ! $195.1B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.07 | $38.28 | $211.3M | 5.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2051 | $38.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.44 | 316 | 11 |
View Market Depth
| Last trade - 15.02pm 06/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |