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  "documentTitle": "BHP Billiton (BHP)",
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  "authorName": "Elliott",
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  "presentationDate": "2017-04-10 00:00:00",
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  "notes": "The slide uses a waterfall-bridge structure to demonstrate value creation from DLC Unification, Demerger, Buybacks, and Franking Credits.",
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      "text": "Our analysis shows that implementation of the Value Unlock Plan could provide BHP shareholders with an increase in value attributable to their shareholdings of up to c.48.6% (Ltd shareholders) / c.51.0% (Plc shareholders)",
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      "text": "Source: Company filings and Elliott's estimates",
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