BCN beacon minerals limited

Ann: $10.3M Fully Underwritten Non-Renounceable Entitlement Issue, page-38

  1. 862 Posts.
    lightbulb Created with Sketch. 221
    @darp I wouldn't be too concerned about missing out, if you want to get more I think you'll have your chance once this goes ex entitlement / record date on Monday / Tuesday.

    Will more than likely be lots of dumping going on - hopefully it remains in the 2's but could get ugly IMO.

    Hope not but I only put 0.001-0.002c value on those 3c options at most so if you do the sums you are probably better off grabbing some shares at 2c or below and get some options when they start trading. I'll be monitoring share price as well as to if its worthwhile taking up this entitlement or buying on market.

    Thinking about the rights issue its not all bad for an exit because I'm hoping the broker gets a stack of shares underwritten to go with their 50m options for free and can possibly orchestrate a pump or some liquidity even to get out and I can ride their coattails to freedom....

    Cheers,

    Disco.
    Last edited by MyDisco2: 20/09/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.8¢
Change
0.000(0.00%)
Mkt cap ! $118.3M
Open High Low Value Volume
2.8¢ 2.8¢ 2.7¢ $11.24K 402.5K

Buyers (Bids)

No. Vol. Price($)
6 1561998 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 112285 2
View Market Depth
Last trade - 12.59pm 26/06/2025 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.