BHP one of these bastards
Must be happy ScoMo won
https://thenewdaily.com.au/money/fin...change-policy/
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BHP one of these bastards
Must be happy ScoMo won
https://thenewdaily.com.au/money/fin...change-policy/
BHP profit up 29%.
https://www.abc.net.au/news/2020-02-...ction=business
Disc. Not holding.
2015 underlying attributable half year profit $5.4B
2020 underlying attributable half year profit $5.2B
Effectively unchanged.
However In 2015 they split off S32, current mkt cap A$12.8 billion. Iron Ore and steel down up to 10% in one month, could go alot lower if supply chains continue to be disrupted.
seems like another pretty good result to me....
was thinking of selling as am up 25% and well commodities are cyclical but nah lets hold on and see.... this commodity boom seems to have real legs!
Disc. hold a parcel.
Very int,Woodside WPL taking over BHP oil and gas assets in a scrip based deal.
i saw that it was up 8% in the UK overnight (dual listing) but suddenly its down 6% in Australia so I am now considering that the market doesnt like the deal as the loss does not appear to have been transferred to WPL.
or maybe its just the dividend announcement?
Maybe it's thatBHP holders will end up with re half of WPL and are reducing their BHP holdings.
And BHP will delist from the UK if it goes thru.
wow how to destroy wealth - do a deal!