Original article by Paul Garvey
The Australian – Page: 20 : 22-Nov-18
BHP’s CFO Peter Beaven has told investors that the resources group has made changes to its capital allocation policy over the last five years, after several ill-fated investments. He added that BHP is ready to start investing again and stressed the need to ensure a balance between over-investing and under-investing, as both can destroy shareholder value. Beaven also indicated that BHP is looking at a number of growth options for its existing portfolio.
BHP BILLITON LIMITED – ASX BHP, AUSTRALIAN TAXATION OFFICE