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Online Share Trading

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BHP

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Frequent Contributor
Can we expect a furtehr slide tomorrow on this share in view of the mining tax which will be imposed by the Australian Gov ? Any comments on where we can see BHP at end of this year ? Is R300 a possibility ? regards
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12 REPLIES 12
Valued Contributor
off 2.5% or so in OZ ..
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Frequent Contributor
why is the share down? is it because of the oz tax? They are giving me red eyes this morning.
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Not applicable
Seems to be,. but is greece etc = trouble for the world, then Iron = no sales= share = tank,.. Mittal had to know something!!!
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Regular Contributor
Why is Anglo so much stronger last few days?
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Super Contributor
More downside here I think for BIL, Half of BHB business in AUS. Anglo is a better play for now, for me screw them both and get SASOL.
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Valued Contributor
an down anoother 0.94c in OZ, closing at 38.59 ..

an did anybody spot the comment from the Ozzie PM about how the minerals under the ground belonging to the Australian people ?? ala the freedom charter ??
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Super Contributor
Isn't it just electioneering, and a watered down super tax be "negotiated" with big business AFTER the election?
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Valued Contributor
most likely, but something likely to happen ..
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Super Contributor
A source tells me that it is an election ploy as the labour has not enough votes to get the 40% increase through the upper house at the moment.After the election when the dust has settled they will probably all settle for a 10% increase.
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Super Contributor
PS that will then make BIL a roaring buy!
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Not applicable
But it may start a trend. SA to follow?
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Not applicable
BAILOUTS have changed this capitalist world,. or as such shown us its communist underbelly,.. MORE TO FOLLOW,.. MITTAL had to know something!!
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