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DRYBLOWER
Dryblower and the dividend cut that BHP has to have
FOR everything that BHP Billiton did right in the days after the Samarco disaster in Brazil <i>Dryblower</i> can see one glaring omission, which was also a missed opportunity, and that was to clear the air for investors and admit that the annual dividend will be reduced.
The official line from the company’s chairman, Jac Nasser, is that investors will have to wait until February to know the fate of one of the company’s greatest attractions to investors, its “progressive”...
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