I suppose that wouldn't be a bad idea. BHP disposes of it's Fossil fuel assets, Woodside already in the business so no impact on their investors and no need to generate a new company as per the case of a normal demerger. BHP shareholders get some Woodside shares which they can sell if they believe that not owning these type of shares will lower the use of fossil fuels. I suppose it all depends on the sell price.
Woodside in talks to buy $20b BHP Oil, Gas Assets., page-2
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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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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |