BHP 0.00% $42.80 bhp group limited

I dont believe the games over yet... BHP may have control...but...

  1. 865 Posts.
    I dont believe the games over yet... BHP may have control...but they will not get the 100% untill they cough up for the larger hedge funds that will hang on...why else would you have buyers at $7.85!!!

    It may look like a win for BHP now... but whilst more than 10% is held they cant go to compulsory aquisition and they cant move the balance sheet across... a big problem in the future... unless of course they offer a better price in the future!!

    If WMC drops at the end of this because its closed and BHP doesnt have 90% ....I'll definitely be buying!!!

    Still Holding 75K WMR
 
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