BCN 0.00% 2.4¢ beacon minerals limited

Ann: Trading Halt, page-53

  1. 2,793 Posts.
    lightbulb Created with Sketch. 582
    my wife said im stupid
    wives say those sort of things don't they. My wife has been waiting for me to go bankrupt for the past 50 years Mike!
    5 cents is not unreasonable if Beacon's market cap can climb into the next tier, say $150m which could be based on annual dividends of say 0.3 cents = an annual distribution of $11m .
    Unfortunately, we will have to wait until February or maybe March to see if Lady Ida has the potential to deliver the free cash flow to support such a generous dividend policy.
    Hey...a word of encouragement..I've changed my sentiment to buy.

 
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