On November 8, 2007, the second biggest mining enterprise of the world which is BHP had already emitted the buy intention to the third biggest mining enterprise all round the world which is Rio Tinto. This information coverage is very broad. To pany buying to Rio Tinto industry inside appraise differ. Information once puts up the BHP share price had rising.
BHP is prehensiveness pany. Have very good influence in the field producing the ore and petroleum gas. Because of world crude oil price was advance ceaselessness, various energy price goes up also with that. As leader of this industry, the enterprise was gained more advantages, in line with the merger information pany share prices was go up straightly . People have very much to expectation of BHP. To pany, development of hereafter has confidence also very much.
Rio Tinto had given a counterpunch that was BHP would spend 138 billion U. S. dollar buying. Rio Tinto’s implementation director Tom Albanese announced, he will open out branches pany which were underestimated by market, for instance, aluminum industry and mineral domain pany in West Africa. News of refusing the merger made the stock price went up, and sanguine investors were hit deeply. Organization of international iron and steel opposes BHP bought Rio Tinto. BHP will be able to trend had the industry monopolizing if buying ess, such condition is very harmful for the market. That information had blocked an investors’ decision.
To the thing that this buys, the Chinese iron and steel industry also holds the wait and see attitude, all obstruction made the stock's e down. Though this buys information, the share price to BHP has brought about certain fluctuation. But the BPH was a big pany, the other resources share prices grow up caused by the crude oil prices raise, this information was also made pany shares continued to gone up. Especially because of the crude oil factor lead to pany share prices still going up.
Thomson indicates that, the volume of trade in 2007 years increases from 136,300,000,000 U. S. dollar of 2006 years to210, 500,000,000 U. S. dollar. That Aussie oil gas childbirth merchant BHP Billiton Ltd. says it closes the Griffin oil field is located in the west bay sea for the time being Tuesday, because of hurricane ing. With regard to such information is also reported having been member of stock fluctuation above and able to be very rating to see the factor of petroleum impact
ed on the pany.
Today going up in the pany price moreover the moment may continue going up, the great majority investors will invest in the industry from at present most probably high risk , suppose that real estate , the bank withdraw, and turn to investing
in the pany. With the escalation needing, price will also continue going up. When being confronted with low tide to world economy, the pany share has let an investor see the hopes.
From the chart, we