Well...the BOD has no reason to provide any return to the shareholder suckers. They are in the prime seat to draw the money out of the company into their wages and not do anything. We the shareholders have no sway over the BOD and their decisions and they know it. They will run this dry and will choose every easy option presented to them.
Sounds very pessimistic but we (the shareholders) do not have a single example over the past 5 years where value to the shareholders was being prioritised, we have paid for this whole mess and will continue to do so until they shutter up. Happy to write BCC off.
BCC Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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