Muppets.
Classic pro-cyclical investment mentality.
They never do this sort of thing when it is most opportune to do so from a shareholder value maximisation standpoint, namely at the bottom of the cycle when the commodity sector is hated and assets are cheap.
I struggle to find an ASX100 company that - over many decades - misallocated shareholder capital as poorly as the various incarnations of BHP management has.
Like reformed alcoholics walking past the bar, they just can't help themselves.
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Ann: Revised Proposal for Anglo American plc, page-15
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Last
$42.06 |
Change
-0.930(2.16%) |
Mkt cap ! $213.4B | |||
| Open | High | Low | Value | Volume |
| $42.33 | $42.50 | $41.94 | $609.8M | 14.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5770 | $42.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.11 | 2807 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |