tomo - all the above agrees with my calcs.
if you;re a longer term investor the three questions id be asking myself are
a) how much was bci mkt cap artificially inflated for upcoming dividend 10%
b) was IOH market cap diminished by an expectation of a capital raising that now won;t be needed, and
c) what price will the IOH product achieve? because there are definite question marks over lower quality product in a loose market.
long term, BCI now becomes an inferior FMG/AGO-style growth stock that you buy for capital growth not dividends.
id just stick with fmg myself.
the analysts will all say the deal is value accretive but they said that about RIO buying Riversdale.
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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
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BCI (ASX) Chart |