BCN 4.35% 2.4¢ beacon minerals limited

is cash backing 0.5c now?, page-61

  1. 178 Posts.
    Let's be realistic here. Its only been 2 1/2 or 3 months since they received the cash and began looking for a new project FT. This will spike on acquisition news at th least and with the upside leverage of just 1 or 2 pips, holding onto this is still a short term no brainer for me. Capital management is always a sticky subject, but sitting a little cash on this makes hella sense short/medium term.
    Last edited by Jeanpierre: 16/09/16
 
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