Hi Guys
Even though I sold out at $4.50, I still watch BCI every day.
(Once a BCI fan, always a BCI fan...)
Now the LAST thing I want to do is to downramp BCI (especially as I am no longer a holder) but as HC is an open discussion forum I thought I would ask the question:
Was I right in selling at $4.50?
Perhaps not - seeing that BCI is around $5.20 but what has changed? The mine life is still 7 years and even if you have a dividend of 50c per year that only translates into $3.50 (7 x 50c)
With BHP increasing IO production and the 55M ton per year Roy Hill expected to start 2015/16 will the IO price stay where it is?
If the SP increase is due to investors hoping to cash in on a good divie this year but get out again before the IO price softens then I believe I made the right decision.
Was I right in selling or have a missed something? I am always happy to learn.
(For the record, I am still happy with my decision to sell but sad that I am no longer "part of the family"...)
- Forums
- ASX - By Stock
- BCI
- was i right in selling?
was i right in selling?
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCI (ASX) to my watchlist
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $634.5M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.0¢ | $1.106M | 4.915M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 176953 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 40304 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 176953 | 0.220 |
8 | 604801 | 0.215 |
4 | 171432 | 0.210 |
4 | 296692 | 0.205 |
6 | 121650 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 40304 | 1 |
0.230 | 50000 | 1 |
0.235 | 166267 | 7 |
0.240 | 163346 | 4 |
0.245 | 276416 | 9 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BCI (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online