BCI 4.08% 25.5¢ bci minerals limited

breakout, page-15

  1. 205 Posts.
    With the major 3 holdings all effectively blocking stakes to any full take over I suspect that the price will need to be much closer to fair value with a premium. No low ball offers this time around.

    If fair value is considered $4.50 then T/O price would have to be 10% premium or at least $5.

    I'd personally consider $5 a solid first offer. (Not saying I'd give em up for that but would consider)

    Wouldn't it be interesting if a decent mine life increase and/or a healthy (5%) dividend policy was announced. Would that see this stock triple in a week? SP target $9+ or $900MC still cheap with a P/E of 4


 
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