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.
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30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $865.7M |
Open | High | Low | Value | Volume |
30.5¢ | 30.8¢ | 30.0¢ | $43.24K | 142.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 376604 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 31924 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 351604 | 0.300 |
6 | 139700 | 0.295 |
10 | 279158 | 0.290 |
2 | 26564 | 0.285 |
5 | 63404 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 31924 | 5 |
0.310 | 88150 | 2 |
0.315 | 82500 | 2 |
0.320 | 161605 | 2 |
0.325 | 248500 | 1 |
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