BCI 1.64% 31.0¢ bci minerals limited

private co, page-4

  1. 1,569 Posts.
    lightbulb Created with Sketch. 6
    Gidday msa,

    Private Equity gauges the value differently. You're no longer focused on a preceived market value per se.

    We by habit focus on the price of the stock for anyone going long, obviously that's critical since we want to sell our stock at a higher price than what we brought them for (well duh!). That's how we think when we trade on the market.

    With going private, you are a TRUE owner of the company and your focus shifts from what the share price would be on the market, to what profits the company can generate. That's why I like the idea of going private so much. BCI is such a great cash cow, we can be rewarded on that fact. Rather than what we have to deal with at the moment, which is trying to make money from a SP going up (if you're going long).

    And sure, the SP has done well over the last couple of months. But prior to that, the SP went sideways for two years -- even though BCI could potentially return $1 a share per year.

    Prior to Dec 2012, it was only the 15 cent dividend that was giving us a return on our investment.

    Going private would see ALL profits returned to you since as mentioned you are a true company owner.

    Just think of it as as having inherently the same pros and cons as if you were running a business for your family. All profits go back to your family.
 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.005(1.64%)
Mkt cap ! $894.2M
Open High Low Value Volume
30.5¢ 31.5¢ 30.0¢ $232.4K 756.5K

Buyers (Bids)

No. Vol. Price($)
6 89986 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 4996 1
View Market Depth
Last trade - 16.10pm 10/10/2024 (20 minute delay) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.