map defends $92m paid to mbl, page-3

re: full yr results soon? bloodbath or not? The market will correct soon. It can't continue to divorce itself from the reality that ongoing higher commods and higher oil prices will mean a continuation of rising interest rates.

If you jump into BHP now you do so at the high end and you will probably drop more during a correct than being on MBL. MBL results will be good but you raise a good point about future outlook and who knows exactly what they will say about it but it's all about its future growth prospects.

I think short-term there will more growth in MBL. Longer-term BHP. We know the bottom of MBL is 58 when sh&t hits the fan and we know the top is 78, so from current levels at 69 where there is plenty of support a move up should not be too difficult. MBL will fair better during a commods correct than BHP and I am on both, but I won't sell as I bought both cheap.

Perhaps you should consider selling down 50% or the whole lot and get cashed up and wait until the correct comes and then buy your BHP but bear in mind there will always be a good run on MBL leading up to the ex-div date. You could sell a few days before and then buy BHP after the correct has finished. Anyway, up to you just my thoughts. Both great business long-term, so if anything use patience and good timing. I would buy anything right now :)