premise: The merger between the Australian owned BHT and British owned Billis has formed a world class leader in the natural resources sector. Financially weaker Billis has brought to the merger its diversified business portfolio and high profitability whilst BHT brought substantial capital and a strong governmental lobby as a leading Australian organisation. Whilst oil, copper, coal and uranium will remain the main products of the newly merged company BHT Billis is looking to penetrate other markets such as additional oils, gases, silver, titanium, other minerals and diamonds.
hypothesis: Shareholders should expect greater return on the value of their shares as a result of the merger.