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0.00% 3.5¢ bcd resources nl

Ann: Chairman's Address to General Meeting , page-7

  1. rosyoutlook
    1,999 Posts.
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    14/02/11
    22:05
    Post #: 7890199
    re: Ann: Chairman's Address to General Me... nuckles,

    I think you need to consider the MC in light of the conv. loan, this puts additional shares in the system (on conversion), this means there will be approx 2,190 mil shares on issue giving current MC of around $50mil. Whilst BCD is not bad value, I think they still have some work to do to justify that market cap.
    BCD Price at posting: 20.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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