BHP - Astonishing result

[macduffy]

I find BHP to be a difficult beast to get a proper handle on, largely because of its - BHP Billiton, that is - status as a Dual Listed Company. BHP primarily listed in Aust and Billiton in UK. The two companies operate separately but the total group is run as one enterprise, whatever that means when you get down to the details.

As at last balance date, the Market Cap of the BHP Billiton group was quoted as USD165b approx so I would think that the $144b number ($139.5b according to The Age) would apply to the total BHP Billiton group.

Despite the complexities of the BHP Billiton group I hold and regard it as one of the cornerstones of my long term Aussie portfolio.