When the dual-listed entity was set up the company was split 60:40 Aust:UK, equating to about 3.6 billion shares here and 2.6 billion over there... since that time the Aussie listing has had a couple of share buybacks but retains it's 60% share, hence the higher value of the Aussie listing and the shares on issue now showing less than 3.5 billion.
Assuming my ratios are correct, $10.4 billion US equates to about $8.2 billion Aussie dollars attributable to the Aussie listing... or about $2.35 per share. At about $27.50 that's a P/E of 11.7, at $30 it's 12.7 and at $35 it's 14.9, not out of the question given it's earnings growth going forward.
If fromthefuture is still with us at this point, a share price of $20 equates to a P/E of 8.5. Hmmm.
buying opportunity, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |