BHP Billiton (BLT) will be courting several investor audiences when it releases full-year results on Tuesday.
IC TIP:
Buy
at
1368p
The first are long-term backers, keen for see some of the benefits of higher commodity prices. The second group: shareholders of the rival mining giants, acutely mindful of profit margin and asset portfolio comparisons. And in the royal box is activist Elliott Management, which in April loudly accused BHP of destroying $40bn (£31bn) of shareholder value in the last five years. The activist recently upped its BHP stake to 5 per cent, giving it the power to call an extraordinary general meeting.
