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Online Share Trading

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BHP Billiton

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Starsky
Frequent Contributor
Hi all why the sharp drop on BHP Billiton ?
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9 REPLIES 9
Levitt
Regular Contributor
Maybe a fund exited their position and a couple of stops got hit, it dragged the whole index down.
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SimonPB
Valued Contributor
they buying potash ??
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Picky
Regular Contributor
potash rejected the offer
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SimonPB
Valued Contributor
sure the directors did .. but the share holders ??
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Levitt
Regular Contributor
16% Premium wasn't enough.
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Picky
Regular Contributor
seems they agree potash shares up in premarket trade
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Quakedog
Super Contributor
Potash and Tomash!! I never knew BHP was getting into greengrocer!!
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Not applicable
Don't forget that the Australian elections are still touch and go - with the outcome having a massive effect on BHP bottom line. Seems to me there is quite a bit of uncertainty over this reflected in the share price
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kwagga
Super Contributor
Hostile takeover now on the cards. Potash - It's got a nice ring to it. Never knew there were so much money to be made in fertilizer. $39 bil offer and it was rejected. Not too shappy.
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