Personally I'd rather see them scrap any dividends for a couple of years and concentrate on increasing production/tenement acquisitions etc.
If they increase production and build a bank of surplus cash, it opens up their options for more expansion down the track. As an example if they hadnt paid out any of the recent years dividends, and were showing a bank balance of around $50 million in cash, I can guarantee our current SP would not be sitting under 3 cents. Paying dividends has actually stifled share price growth (in my opinion)
- Forums
- ASX - By Stock
- BCN
- Ann: June 2023 Quarterly Activities Report
Ann: June 2023 Quarterly Activities Report, page-6
-
- There are more pages in this discussion • 108 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 BCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $13.80K | 530.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 222062 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 939496 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 222062 | 0.026 |
3 | 275022 | 0.025 |
8 | 1433510 | 0.024 |
4 | 636304 | 0.023 |
2 | 1125000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 939496 | 4 |
0.028 | 10007869 | 7 |
0.029 | 3785433 | 9 |
0.030 | 6343535 | 13 |
0.031 | 132290 | 3 |
Last trade - 12.11pm 18/07/2024 (20 minute delay) ? |
Featured News
BCN (ASX) Chart |