don't care about dividends.
I'd rather they reinvested the money to make more for us or buy back shares. BHP is way undervalued. - well said Jgo.
A lot of analysts or traders with a contrarian bent look at bhp over a 10 year period, suffer a bout of vertigo and pronounce it has climbed too high. It is high because it pays tiny dividends which is tantamount to a forced dividend reinvestment, plus through the years (correct me if I am wrong) it may have done a buyback or two. A shareprice in the 40s is not overpriced as it accounts for all those dividend stream foregone through the years, and the anti-dilutive effect of a buyback . And going forward to 2009, it looks very cheap.
don't care about dividends. I'd rather they reinvested the money...
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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 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |