I've also seen some fed up FMG holders in their forum, some who have said they are making the switch to BHP after FMG goes ex-div this week.
BHP should get a nice boost with all the following factors:
- FMG holders switching into BHP after FMG goes ex-div - Big bank rotation into miners - Regular dividend hunters getting into BHP before going ex-div 6th March - China NPC stimulus announcement over their two day meeting (5h to 6th March)
I'm looking forward to another repeat of last September when BHP went ex-div and then got the first China stimulus announcements
If China announce stimulus by the end of their meeting 5-6 March, then BHP should be up near $50 by the end of March
BHP Price at posting:
$41.26 Sentiment: None Disclosure: Held
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