BHP Overpriced - Will Drop Like a Rock
Thanks for the quote. Whichever Rogers it is must be referring to the A$ BHP.AX shares (now around A$40)... or he is off his rocker. He also doesn't know a thing about BHP's management or Board. The Rio Tinto deal has been studied off and on for years, The latest offer originated about six or eight months ago before Goodyear left. In any event Kloppers is a good, experienced, intelligent, tough new CEO. Paul Anderson, CEO before Goodyear is on the Board, and Don Argus, very tough Chairman, plus other experienced, outside Directors are not going to let any CEO go off half-cocked.
Nobody should pay any attention to, or be influenced by, so-called investment experts whether they are positive or negative on stocks, economy or markets. They know nothing, are blinded by their own ego, and often have ulterior motives. Ditto people who bash or pump shares.
Link to BHP Board of Directors:
http://www.bhpbilliton.com/bb/aboutUs/companyOverview/ourBoard.jsp