BCN 0.00% 2.3¢ beacon minerals limited

Ann: Annual General Meeting Presentation, page-8

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  1. 494 Posts.
    lightbulb Created with Sketch. 130
    I like the idea of a share buyback but that would kill off any chance of a dividend if they did it before March.

    Traditional Consolidation 1:10 would give us 286 million shares. Consolidation of 1:5 would be around 572 million shares.

    I've had a previous bad experience with a consolidation but to be fair it was a penny dreadful with a really inept management team.

    Knowing how many shares the BOD have in the company would they do a consolidation that would materially be damaging to their own
    wealth. Interesting.
 
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