BCI 2.17% 23.5¢ bci minerals limited

Ann: A$315 Million Fully Underwritten Equity Raising Launched, page-155

  1. 538 Posts.
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    The money in the bank right now is from the capital raisings we're doing....

    The legacy IO cash is sunk into the salt project pivot which has drawn in all this extra capital from professionals like Australian Super.

    With all the takeover activity in the ASX200 constituents it should be easier to get in. For example, SVW buys Boral and that spot needs to be filled so the reshuffle up will be on.

    That's not the only helpful takeover activity in the ASX200... the more of the existing 200 that get gobble up the better the odds are that we're in the next rebalance.

    We can keep crying over spilt cap loss flavoured milk from days long gone, or just get on with winning at this new game.
 
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