Wednesday, June 16, 2010

Update: Peter Dutton is still ahead on his BHP shares

Coalition frontbencher Peter Dutton bought BHP on Tuesday May 4 - two days after his leader said the RSPT would kill the mining industry "stone dead".

It closed that day $38.59

Tonight it closed $39.24

That's annualised growth of 14%

Earlier story here.

Pity the investors that took note of what Coalition frontbenchers said rather than what they did.

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