Don't get me wrong, I have the greatest of confidence in Mike & the boys on the board and let's face it - they have made brilliant decisions to get BCI to where it is today but....
In this case, would it not have been better to just float a new company to do all these M&A. All the BCI shareholders know Mike very well and would support him.
So, if a M&A deal came up for 5% of BCI - those that wanted to support the new venture could sell 5% of their BCI shares to fund the new company. By doing it this way, those that wanted to go the M&A route could and those that wanted to leave BCI as it is could as well.
A win-win and at least we would have a choice.
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Last
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.0¢ | $861.7K | 3.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 117457 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 50173 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 117457 | 0.245 |
5 | 143333 | 0.240 |
11 | 254805 | 0.235 |
16 | 186207 | 0.230 |
5 | 219970 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 50173 | 3 |
0.255 | 293988 | 4 |
0.260 | 111765 | 4 |
0.265 | 40000 | 1 |
0.275 | 43900 | 3 |
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