BHP 0.59% $40.77 bhp group limited

houston we have a problem, page-218

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    Vladtheimpaler

    Re; " ...Yet our miners who are worlds best practice with markets screaming for their products are floundering. Is it just me, or is something screwy here. ..."

    As always, IMO you have been very perceptive & spot on. However, as the saying goes; "The Market can be irrational for longer than we can remain solvent" so caution & patience are of the essence IMO.

    With a PE for FY09 now about 8 it might cause a stir if Kloppers dropped the RIO bid & paid a special divi of about $5, or alternatively just bought back about 10% of BHP shares!

    4YIO - NFA
 
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