My uptake of the combined merger of oil and gas assets.
BHP will have a reduced market capitalisation.
Reduced gross profits (smaller earnings but smaller outlays).
Reduced divided.
Same amount of shares outstanding.
WPL will become a true international corporation.
Larger market capitalisation.
Bigger profits (from BHP's assets).
But larger costs of running them.
Receiving a WPL dividend.
Same amount of shares outstanding.
What worries me is that BHP will be almost 100% reliant on China
as a customer (as does FMG and RIO).
Now that worries me, all our eggs in one basket.
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