One of the problems here is that the market cap of BCC hasn't been increasing in step with the increased performance of the company, and BCC is now profoundly undervalued. The slide below from the most recent investor presentation shows the revenue, cash position and NPAT for H1 in 2021 and 2022, and clearly there's been a marked increase in all these parameters YonY. Yet at the end of H1 2021, the share price was 34c, then 42c at the end of H1 2022, and today its back to 34c again. This is a crazy situation, and defies all fundamental analysis. Also, not many companies would be able to say they hold cash equivalent to ~30% of their market cap.
All IMHO, DYOR
Ann: Beam Investor Presentation - March 2022, page-59
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Last
15.0¢ |
Change
0.020(15.4%) |
Mkt cap ! $12.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $387 | 2.583K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 44352 | 1 |
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