I'm a long time $South32 Ltd (S32.AU)$ shareholder, and usua...

Liam Mitchell wrote a post · Sep 18, 2024 17:18

I'm a long time $South32 Ltd (S32.AU)$ shareholder, and usually a keen S32 buyer, but the past couple of weeks have been actively buying parcels of $BHP Group Ltd (BHP.AU)$ under $40. At two year lows it feels like an excellent place to build a position. It's too tempting for me to refuse!

I can understand why people are holding or selling bank shares but goodness only knows who is buying them at current prices. I sold mine and bought more BHP last week.

BHP has multiple avenues towards being highly profitable and it the world's biggest miner with a rock solid balance sheet behind it.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

20K Views

Comment

Liam Mitchell

Followers

Following

Visitors