Share price on end of buyback, page-10

nonsense jc.

a) you are far too sanguine about what a commodity rout will look like,

i told crazypunter 8 months ago i think bhp could get below $20sp - rio will probably get low $40s.

the morons in charge of these companies dont understand price friction - this is exactly how bhp was 'forced' to become bhp billiton in the first place - expanding too fast in the 80s despite a relatively weak demand environment on the false presumption that lowest cost projects would make money even in the lowest price environments.

b) you have to ignore sell side analyst notes : they have a reosurces team the generates those values. that team will always have a glass ifs half full set of assumptions - otherwise they wont have a job

that is why you didnt see any major investment banks calling oil going to $us50 at $us100.

the only analysts you can potentially trust are the independents - not anyone who;s wage is in part suported by corporate finance

im so sick of economically simple people making millions because they wear cufflinks well