bhp: announcement regarding rio tinto offer, page-6

I disagree acrushor....

BHP's focus for the next 12 months would have been the merger/takeover. As such, any significant investment spending (and whatever anyone wants to speculate, even $5m - $10m would be considered significant spend in terms of the Due Diligence required to spend it) would have been curtailed in the short term while the merger etc. was worked through.

IMHO, this can only be a good thing for APG, as BHP's focus may now move back to organic growth etc.