BCB 3.33% 5.8¢ bowen coking coal limited

Quarter ending Dec 2023, page-55

  1. 729 Posts.
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    Context: Only a small number of punters in recent weeks, let's call them new punters, have a true cost base of 9c that can effect a transaction like this.. Unlike long termers that get offered a discount (to average down) as a 'benefit'. A bit like paying a premium at he checkout in return for 'Rewards, of which have an average cost way higher than the newbie. Gotta keep delivering coolade to the LT holders.

    A tidy $6m profit.

    i guess the Buyer will just wash the shares into the market over time.
 
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