BHP Billiton announced this morning that they have bought back 380 thousand shares in London, giving a range and basically suggesting that these shares have been retired already. Retiring is good for the existing shareholders, normally retired shares never make a comeback unless you are an exploratory mining company in which case new employees join all the time. I mean new shares. I often use that DRDGold example, where a few hundred thousand shares in issue turned into a few hundred million shares in less than 20 years. Imagine the dilution if you went to sleep for one hundred years, as in the fairy tale books. Never mind spinning wheel, try big fat spin on it.