BHP 2.21% $42.10 bhp group limited

any ideas on how many they are likely to take, and on what basis...

  1. twg
    103 Posts.
    any ideas on how many they are likely to take, and on what basis any scaleback might be done?

    ie a threshold to clean up smaller holders, or straight percentage?

    there was a buy-back about 2007, I am not aware of the full details but the uptake rate might be relevant.

    Have only been involved in 1 buyback before that I can remember, but for SMSF pension, this seeems a no brainer.

    In fact am kicking myself did not read up earlier, as I could have bought more.

    Also have the option of doubling my holding now, offering up my full initial holding, then selling any excess, hopefully at a profit later, although I would have to sell other stocks to afford this.

    Am assuming it will be over 12 months before I see my franking credits via the SMSF, as havent got 09-10 yet
 
watchlist Created with Sketch. Add BHP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.