re: watch it go. But is it still higher than markets were hoping for?
The original demand was inflation + 13% and over $30,000 US in bonuses.
The initial company offer was inflation + 3% and about $15,000.
Note that these percentage increases are OVER AND ABOVE the rate of inflation.
Also read the fine print, included with the offer is an unspecified subsidy for health care and education which could amount to quite a sum.
And NOW remember that this deal will be used as the benchmark for all other mine labour negotiations around the world going forward. Every miner's costs will increase.
re: watch it go. But is it still higher than markets were hoping...
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
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| BHP (ASX) Chart |