BIL

[trigger]

Could someone explain to me why BIL is so flat yet everyday (for a couple weeks now) they are buying back 1 million shares a day? One would think the price would gradually be on the increase unless the seller is a know seller. Any thoughts out there? Thanks

[john_1]

Iron ore is fully priced and input cost are rising faster than prices, copper is falling and we all know what has happened to oil, that said. What is more interesting is how well it has held up under these conditions, It also only bought 1 bilion share vs anglo's 5 billion and it payed a mean div last time round.