BHP is a long term hold for me. I'm guessing that one day electric cars are going to be huge (EVs use three times the amount of copper than a petrol car) and I believe that coal fired power stations will still be charging many of these cars 20 years from now. Coal's death has been greatly exaggerated. The day to day movement of the share price therefore is not something that greatly concerns me.
Still, I can't believe the price has dropped over 3% since the announcement of the monster dividend. This is why I could never be a trader. I'd call it wrong every time.
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