The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
The C-Suite: Vandita Pant, BHP CFO
Overall, the group saw revenue rise 3% to US$55.7 billion and has improved its net debt position to be carrying US$9.1 billion, however the company has warned the external operating environment remains volatile, with demand for commodities being relatively soft over the calendar years 23 and 24. For more on the results and of course the all-important outlook heading into fiscal 2025 here’s BHP CFO Vandita Pant.