... until mid-afternoon today, 9th August 2011, when BHP reached a low of $34.81 from which it recovered to close at $37.05.
What a drop from its high of $49.81 on 11th April 2011!
It will be a long climb back up again, and perhaps we won't see it back in the high $40s until the end of the year. The announcement of another share buy-back would certainly help.
Elsewhere, things are going from bad to worse. If this global crisis continues at the present rate, by the end of this year only two banks will be left operational ..... the Blood Bank and the Sperm Bank! And before you know it, these two will merge, and the whole place will be full of bloody wankers.
