bhp $30 plus, page-47

BHP are bigger than the banks at around 7% fully franked divvy with markets rising on a confidence build I doubt it will be long till the diverse Big Fella is seen as a secure buy, think it will become a raging bull very soon, most likely been the victim of a very large short play well supported by all the gloomy reports about i/o
and China, bought in as a trade.

In addition should the RBA buy in to the race to the bottom banks will either have to offer deposit rates removed from the RBA or continue managing their capital requirements making high divvy large businesses like BHP a standout buy.

Given the world is in the same position all looking to build confidence and growth I think its pretty much a no brainer to buy BHP