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Online Share Trading

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BHP

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Starsky
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
SimonPB
Valued Contributor
off 2.5% or so in OZ ..
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Edge
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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BAP
Regular Contributor
Why is Anglo so much stronger last few days?
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Quakedog
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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SimonPB
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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louisg
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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SimonPB
Valued Contributor
most likely, but something likely to happen ..
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barry_1
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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barry_1
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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