Is the AFL Coming After BHP?, page-54

don’t get angry that you can’t read a set of financial statements and use google.

its all there.

I can see Balanced Option in Australian super at 31/12 owned $1,874,824,372 worth of BHP. It’s high growth had $234,578,770... the list goes on.. that’s just one fund, there are many others. It’s on their basic website. Do you need me to log onto mandatory holding disclosures for all funds because you can’t navigate basic facts disclosed on the internet for the public?

Ok note 1 on page 311 of the 2019 annual report of BHP bloody states what I said. Many of the largest 20 shareholders shown hold shares as a NOMINEE or CUSTODIAN. Christ mate, you think I just made some big story up about USA banks acting on behalf of funds??? A link for you? www.bhp.com..... research? All of the Superfunds which are Australia’s and some of the worlds largest investors will be under said custodian arrangements.

You’ll note per the annual report if you understand structures that the LTD Bhp has 2,945,851,394 shares on issue where as PLC has 2,112,071,796. LTD is Australian listed, PLC is UK listed. The dual structure which I mentioned but because I didn’t provide a link it’s somehow incorrect? This means to be exact, BHP is 58.2% listed here. But alas, offshore you can buy ASX shares. However why would you? The PLC shares trade at a discount due to no franking app. You’d buy UK shares. Unless you want to do some form of currency hedge.

Maybe actually read the financial statements given you don’t understand functional currency selection. You’ll see a bunch of notes on USD selection. I’m an ex accountant/tax, I didn’t just make this up for fun. It’s actually quite boring.

What I hold is irrelevant. That wasn’t my point. It was I hold shares personally and in other structures. It’s

Not sure what research you do either. Just saying.