TBE
Sorry I probably wasn't clear before.
I meant BHP was risky only in the sense that it may be already fully valued going forward with a forward p/e of 20-25x.
The risk with BHP may be that the p/e ratio could drop back to a forward p/e of say 15x.
Whereas ETC which is trading at a very low p/e, has a chance to appreciate more in relative terms.
ETC
entertainment media & telecoms corporation limited
TBESorry I probably wasn't clear before.I meant BHP was risky...
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