Now that grown-up pragmatists are running BHP and its previous version of Saint Greta Thunberg’s environmental disaster gospel has been heavily revised to accommodate reality, the Big Australian has boomed. A record result and dividend for the (Covid-19-hit) six months to last December along with a realisation that BHP, under new CEO Mike Henry, is once again focussing on being a profit-seeking miner ahead of being an environmental evangelist, has resulted in its share price doubling over the past 12 months to never-before heights of over $50.
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