BCN 0.00% 2.2¢ beacon minerals limited

Ann: Beacon to Pay Fully Franked Dividend, page-9

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  1. 340 Posts.
    lightbulb Created with Sketch. 29
    Here I am at the cross roads again, Been in this since 2006 and most happy with progress but what's holding the SP back, was hoping to have retired by now
    Firstly Brauninc I cant agree more, should have been a separate announcement for sure mate, make a big deal about it, get this thing moving.
    OR Is it this type of management manipulation thats holding the SP back ??
    It seems to me this the strongest indication of a consolidation, Ive been through consolidations before and lost out big big time every time, I'm no scholar but im now very uneasy, with over 3mil in shares what does one do, sell up move on or what ??
    OR could it be a share buy-back, which is most prefered.
    Given the managements skin in the game, surely it would not be in their favour to consolidate ??
    I also thought the divi would have been better, 3 mil shares for about $3750 return, disappointing. Or am i expecting too much ??

    But would be great to hear your thoughts and comments.

    Cheers in advance Guys and Girls
 
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