BSE 7.27% 25.5¢ base resources limited

Ann: Court approves convening of Scheme Meeting, page-10

  1. 98 Posts.
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    I just sold out.

    With the price drop of UUUU, this absolutely isn't worth it currently.
    UberTrader is 100% correct. I just did the math on my own position, and if I wanted UUUU shares, I'm better off buying them now, and just selling my BSE at $0.25

    As far as I can tell (based on current price) there's currently a
    -22.93% downside if the scheme completes at the current price. (factoring in dividend, but not commission)
    29.75% upside if you sell BSE and buy UUUU. (factoring in dividend, but not commission)

    Disappointed I wasn't paying attention, otherwise I would have sold out last week.
    Last edited by XViper: Today, 11:37
 
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