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)
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Ann: Half Year 2024 Exceptional Items Update, page-19
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Last
$40.77 |
Change
0.240(0.59%) |
Mkt cap ! $206.7B | |||
| Open | High | Low | Value | Volume |
| $40.70 | $40.90 | $40.45 | $537.7M | 13.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $40.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.78 | 8000 | 4 |
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| BHP (ASX) Chart |