Sean K
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It doesn't take the ghouls and clippers long to look for 'their' angle
Of course, the WPL petroleum asset deal is already slated to go ahead.
- for a buyback, and BHP using its entire US$16 billion franking balance, which MS reckons would cost it $US40 billion, and result in a $US3.36 per share special dividend.
- Based on a simple market capitalisation filter in future facing commodities, the hypothetical extra capital would put IGO Limited, Nickel Mines Limited, Oz Minerals and Chalice Mining within BHP’s M&A budget.
AFR: