BHP 0.48% $44.01 bhp group limited

Ann: Merger completion and in specie distribution, page-80

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  1. 225 Posts.
    lightbulb Created with Sketch. 72
    Ok, I'm curious now.
    If there was NO reduction in cost base for retained BHP shares, why have the brokers (I'm with Comsec) marked down the historic number by the equivalent amount ?
    All the 52 Week Charts now show a $48.50'ish high.
    Last month before the merger the 52 week high was $52'ish.. (can't remember exactly)

 
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