We tend to think of the size of objects as something that is generally constant, indisputable, but sometimes we run into things that can change our perception of how they seem, depending on how we might look at them.
For example – Mining Company BHP Billiton has, depending on your point of view, or interpretation of what constitutes an employee either 48,000 employees, or, if one includes the number of contractors directly working for them – over 123,000 employees, but regardless of how many employees you consider to be the accurate number you would find it difficult to deny their size and capabilities or the fact that it may very well be a wise binary options investment.
While the size of their staff may be in dispute, one cannot deny the simple fact that BHP Billiton is, by market capitalization, the single largest mining company in existence or their global presence in over 15 countries.
As is often the case in the business world, BHP Billiton was actually born as the result of two smaller companies, with a mutual interest combining into a larger entity with an outcome that ended up being highly lucrative for most involved.
The Billiton Company dates back to the 1860’s Netherlands, their initial interests laid in mining tin in Indonesia, the company kept slowly growing for the better part of a century, until their 1970 purchase by energy corporation Shell that sought to accelerate Billiton’s growth in several other areas of operation.
Broken Hill Proprietary Company (BHP) is a native of 1885 Australia, where it initially specialized in mining silver and lead in New South Wales, but within a couple of decades the company also added steel manufacturing to its portfolio with Oil exploration following in the 1960’s and other metals, ores and materials being produced and explored throughout its existence.
The 2001 merger of the two giants spawned a mining operation that is large and formidable in nearly every market in which it operates or has holdings, and if the initial size of the new company was not sufficient, it also purchased other, somewhat smaller competitors to insure future success.
Since the merger the company has spun-off a few of its division to operate as separate entities or companies, but it remains at the very top of the global mining market, as evidenced by listings in multiple stock exchanges from New York and London to Johannesburg and the Australian securities exchange.
A company of BHP Billiton’s size can often have all the subtlety of a bull in a china shop (as evidenced by its failed 2007-2008 takeover attempt over rival Rio Tinto group) but trading in BHP Billiton binary options does not have to be a graceless matter, it is entirely possible for you, as a binary options trader to succeed while taking advantage of various market movements that affect BHP Billiton, those moves can include any earnings reports for the parent company or one of its many subsidiaries as well as any news regarding its current or future prospects – news of new deposits being found, or active ones running low on supply will certainly have an effect on the company’s stock and as a result, may send you digging for a few more dollars to invest in BHP Billiton binary options.