One of the better performing stocks so far this year has been South 32, up from a low of 89¢ in January to a record high of $2.40 by the end of September.
You could argue that the stock has outperformed its parent. South 32 reported a statutory loss of $US1.6 billion ($2.09 billion) against BHP's loss of $US6.4 billion.
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Trevor Sykes writes on Business specialising in Mining, Energy, Shares. Trevor applies his acerbic wit to Australian business as Pierpont.
