As a BHP shareholder, I don't believe they are acting in my interests at all. They have wiped substantial value off my investment portfolio. And if they succeed in sending other companies that I have invested in, to the wall, that's not helping either.
I would like to see royalties increased for volumes that are produced in excess of market requirements. My thinking is that WA could recover its budget shortfall simply be imposing higher royalties on tonnage about a predefined limit (on all mining companies), this would either produce more royalty revenue through increased payments on excesses, or would see the production reduced and the IO price recovery would produce more royalty revenue through higher prices. Win / Win for WA.
I for one will be voting against the remuneration motion at the next BHP AGM. I don't see why the Executive should be rewarded for such poor performance and such poor corporate citizenship.
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Last
$43.15 |
Change
-2.080(4.60%) |
Mkt cap ! $218.8B | |||
| Open | High | Low | Value | Volume |
| $43.60 | $43.75 | $43.12 | $710.8M | 16.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 26536 | $43.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.15 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$43.22 |
Change
-2.080 ( 4.65 %) |
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| Open | High | Low | Volume | ||
| $43.60 | $43.75 | $43.13 | 4925079 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| BHP (ASX) Chart |