BHP.....A Fundamental Analysis & Valuation

[Sean K]

Whatever the 'funamentals' people want this stock for now.

1052 [Dow Jones] BHP (BHP.AU) up 2.5% at A$27.65. Institutional trader says bulk resources weren't factoring in 100 point DJIA rally when London closed, so BHP and Rio (RIO.AU) to rise 4%-5% in London. Also says: "I expect BHP to touch A$30 for June 30. Most local fund managers are heavily overweight and will want to see stocks close on the high for financial year end performance." (DWR)

Just another opinion though.

 

[ducati916]

Well it never made it down to $10, but it hit $20 a couple of times, which would have allowed nice capital gains to be earned.

jog on
duc

 

[Miner]

Hey folks
Not sure if this is the only thread for BHP.
My question is what do you think of BHP offering current holders to sell their holdings at a lower price under buy back when they already indicated to declare a capital return? I have outrightly rejected the offer but like to hear from you.