Over a long period of time it's been a case of a few billion casually written off here; a few tens of billions there, another few more billion over there.
Not sure what it is about this company, but is has great form - demonstrated over many years- torching shareholder capital.
Almost every single cycle, they end up drinking the Kool-Aid of whatever hot thematic prevails at the time.
I'd love to be a fly on the wall in Board meetings when the army of eminently-qualified BHP directors gather to discuss capital allocation strategy. Must be something to behold.
(They sign off on really grrreat looking, colourful Annual Reports, though)
.
Ann: Half Year 2024 Exceptional Items Update, page-19
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$44.58 |
Change
-0.790(1.74%) |
Mkt cap ! $226.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.65 | $43.97 | $414.4M | 9.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.58 | 8261 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |