BCN 4.35% 2.2¢ beacon minerals limited

Reiner, my decision is more about dumping the current useless...

  1. 58 Posts.
    Reiner, my decision is more about dumping the current useless board as it is anything else! I feel very good about that.

    I would have sold out long ago if I wasn't in such a hole with this stock.

    If the 3 amigos get in I'll take part in the rights issue to avoid dilution and be "all in", but even if change my mind and I don't take part in the rights I expect the capital return down the road will more than compensate for the initial dilution.

    Note the 3 amigos have said if they are elected they will look into all options for raising the capital, including possibly selling CSD and taking a loan. Right now without all the company details they are not in a position to say whether a loan is possible but they will definitely look into it. So 40% dilution is not inevitable.


 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $92.98M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $67.46K 3.066M

Buyers (Bids)

No. Vol. Price($)
1 127732 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1854699 7
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Last trade - 15.01pm 15/11/2024 (20 minute delay) ?
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