BHD 0.00% 22.8¢ benjamin hornigold limited

IPO - Benjamin Hornigold Limited, page-164

  1. 5,866 Posts.
    lightbulb Created with Sketch. 87
    Yep, could get a hair - cut later in the year......a crew cut at that .......

    But,

    With a 20c divvy on the way .......$2 seems reasonable price.......10% return + franking........

    And then there's the probable/possible return capital around the 30c mark .......

    Not unusual for a performing co to be at a premium, Just need to continue the performance and divvy's....to maintain the ( perceived ) premium.....

    Of course the (Probable) return of capital and divvy will come off the NTA at some stage........just depends where the NTA is at when these events occur.....

    Luck to ya
 
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