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BHP BHP Group Ltd

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  • 39.600
  • +0.790+2.04%
20min DelayMarket Closed Sep 13 16:00 AET
200.78BMarket Cap16.99P/E (Static)
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Comments

    huh? Chose not to over pay for Anglo. The Filo deal is right in BHP's wheelhouse: large scale long life mine for one of the pillar commodities.
    And in case you hadn't noticed Iron Ore and Copper are off their highs. As a commodity producer BHP is a "price taker" and commodities are cyclical businesses.
    BHP is a long way from being a "dog".
    My 2 cents, ymmv, dyor. $BHP Group Ltd (BHP.AU)$
    The price of iron ore has experienced notable fluctuations over the past 12 months due to various factors such as global demand, supply chain issues, and geopolitical events. Here's a general overview:
    Early 2023: Iron ore prices were relatively stable, with prices hovering around USD 100-130 per metric ton. Demand was consistent, and supply was stable.
    Mid-2023: Prices saw some volatility, influenced by fluctuations in demand from major consumers like China and supply disruptions from key produ...
    Big 4 banks rising while commodity prices dwindling. The question is how low can BHP go?
    If interest rates don't drop I'm seeing $24-34ps for BHP over the next 12 months.
    I'm cautiously buying as it drops because I know how fast it will rally when interest rates drop and commodity prices improve. $BHP Group Ltd (BHP.AU)$
    commodities have reversed off lows by the looks of it. Lithium commentary (not relevant to BHP), copper snapping back to almost $4.20, and iron ore up slightly with steel price. $Rio Tinto Ltd (RIO.AU)$ is up 2.4% in London, and $BHP Group Ltd (BHP.AU)$ is actually green despite ex dividend.
    i grabbed another 1,000 shares on Tuesday near lows. But most my top ups 39-41 for much larger quantities.
    Might be the start of the turnaround. Just need China to provide meaningful support/stimulus in Q4 whi...
    What's one luxury you had to cut back on due to the high cost of living?
    I gave up my golf club membership.
    As a recent graduate entering the workforce, my pre-tax salary of $95,000 still requires me to cut back due to the high cost of living.
    Considering I have an AUD47,000 HECS-HELP loan and aspire to purchase a home in Melbourne, I now have to look for other ways to relax, such as hiking or joining free sports leagues.
    Any recommendation on things I can do or buy for $50 or less that will imp...
    35
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