BHP has announced it is divesting from Thermal coal today.
Prior to announcement it was a poorly held secret.
CEO has stated that it could take path of a spin-off of the Australian Thermal coal asserts, similar to South 32, or a straight asset sale of the group or individual units.
To me, it's long overdue. In current climate these assets are running at a minor deficit, thermal coal is super low and USD is down, looking to head lower IMO.
From my perspective, most likely outcome is a demerger/spin off.
Anyone care to comment on how this would most likely effect current Shareholders?
- Forums
- ASX - By Stock
- BHP
- BHP divesting from thermal coal
BHP divesting from thermal coal
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$45.23 |
Change
0.000(0.00%) |
Mkt cap ! $229.3B |
Open | High | Low | Value | Volume |
0.0¢ | $45.42 | $44.74 | $8.659M | 190.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 407 | $49.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.70 | 338 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 407 | 49.780 |
2 | 1964 | 49.750 |
1 | 107 | 49.000 |
1 | 551 | 48.550 |
1 | 100 | 48.500 |
Price($) | Vol. | No. |
---|---|---|
40.700 | 338 | 1 |
40.710 | 2420 | 2 |
41.000 | 11 | 2 |
42.460 | 1800 | 1 |
42.500 | 10009 | 71 |
Last trade - 09.56am 26/04/2024 (20 minute delay) ? |
|
|||||
Last
$43.23 |
  |
Change
0.000 ( 4.63 %) |
|||
Open | High | Low | Volume | ||
$43.60 | $43.75 | $43.19 | 793524 | ||
Last updated 10.17am 26/04/2024 ? |
Featured News
BHP (ASX) Chart |
Day chart unavailable