BKN 0.00% $3.24 bradken limited

BKN is about to skyrocket IMO:Here are several reasons...

  1. 57 Posts.
    BKN is about to skyrocket IMO:

    Here are several reasons why:

    -Directors have purchased recently
    -AMP has become a substantial shareholder
    -Ex-div sell offs seem to have come to an end
    -The dividend on this share is amazing at this price (over 30% based on prior year dividend - or at least 20% based on 10% already declared and another possible 10-15% at year end)
    -The company is making a PROFIT and not a loss
    -The company does not have that much immediate debt to repay and I highly doubt they will have much trouble refinancing if they need to
    -The company retained profits to fund future activity (very good move)
    -there is NO bad news on BKN that I have come across (if you have, please enlighten me)

    Overall, it ticks all the boxes.

    Good luck to all those that hold!!! We will see where this ends up in a few months.
 
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