Equates to 11.89 AUD V UK Close
BHP closed 1.77 on Friday here, so will go up a minimum
of 12C to 11.89 on Monday.
Bearing in mind BHP generally trades at a 7% premium to
BLT (UK) Market price.
So it should trade between 1% Premium $12 and
7% Premium $12.72.
Bearing in mind if BHP goes up in the UK next week
the Aussie price has a fair bit to catch up on.
Undervalued in Australian dollars presently.
Rgds,mode
