Of course BHP will be held liable. Do you think that a company with $2 paid up capital for example - anywhere, including Australia- can cause huge costs through negligence and then just say "oh well, here's my 2 bucks, that's it".
There are all sorts of ways BHP and Vale can be held to account. Civil action is likely. Did BP escape to the limit of the capital of its subsidiary in US? The naivity of some of the posters here is breathtaking.
The point is- the disaster is already priced in. It now has no impact on the daily movements of the share price.
How much is Brazil claiming ?, page-6
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$39.19 |
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Mkt cap ! $198.8B | |||
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