BHP 1.33% $40.01 bhp group limited

BHP $19 dollars aussie here we come..., page-127

  1. RVR
    6,382 Posts.
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    Well, after holding and occasionally taking some CG in my SMSF over the last 20 years, and looking at other commentary here in the past week, I'm holding for the LT and will buy more shortly.
    I agree with the Huntleys NL conclusion yesterday: "
    BHP Billiton: Overreaction?
    "....It is too early to estimate the cost of rehabilitation and compensation but it would be shared between BHP and Vale. In the context of other resource/energy related mishaps, including Exxon Valdez and BP’s Deepwater Horizon, the cost is relatively small. But while there are other negative factors at play, the market reaction which sliced over $9bn off the market capitalisation, appears somewhat extreme..... "
    Last edited by RVR: 14/11/15
 
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