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19:11
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Originally posted by Gindaldan:
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yes, but the poster is having a whinge about getting rid of oil and gas. I’m merely showing that from an overall capital appreciation stand point BHP ex oil and gas has done better. ESG pension funds are a huge problem, many of the wokest ones will not buy any company with oil and gas. Whilst BHP has thermal coal it’s circa 2% of revenue so they now make an exception and allow it. I’d argue this alone in our crazy world has a net benefit of pension cashflows. They are substantial.
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Why whinge? Im happy as im a shareholder of the beneficiary companies
(20min delay)