Dryblower on the high and the low of profit reporting season

IT’S not often that you can predict a high and a low in the same week, but as Dryblower considers the coming flow of profit results from big mining companies, he can see the start of a peak and the end of a trough.

The low point will be BHP Billiton’s annual profit statement, scheduled for release tomorrow and likely to show a 27% fall on last year.