BGL 5.00% $1.33 bellevue gold limited

Ann: Response to speculation in the media , page-6

  1. 563 Posts.
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    d_r,

    I think your takeover price range sounds about right but I would still be disappointed. I value the company at 40c based FY12 NPAT of $3m and a 1c dividend. The company also has plenty of growth opportunities beyond integrating the recent acquisition. Would you be happy with 35c today or 60 cents in 2 years time? It's all about time preference but I prefer the latter.
 
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