BHP 1.07% $43.43 bhp group limited

BHP on the way down to 20 dollars, page-39

  1. 3,855 Posts.
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    Andy62 maaate!

    And another less serious way of looking at it:

    If you were to advance me $32B (on terms per what BHP averages, i.e. say fixed at 4% for 10 years), then I would satisfy my interest obligation to you ($1.28B pa) by purchasing 948M BHP shares (at last close of $33.74) and collecting annual dividends of $1.22B plus franking credits of $0.52B i.e. Gross $1.74B (129cps ff), remitting you $1.29B pa and keeping $450M pa myself.
    And I would send you a truckload of champagne at Christmas and on your birthday - when may I have the loan please??

    And I will repay loan in full at end of year 10 - no questions asked.

    Have a good weekend!
    Last edited by curiouswon: 25/10/14
 
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