Good summation 2ic. Only point I think you missed is BSE is debt free as at the end of March, this may yet give them a runway to continue to pay a reduced Div. My pick is still a 2 or 3 cent distribution while they continue to produce positive cash flows. Nothing better than the major shareholders pulling funds out while they can and letting the company using leverage to take the risk.
Ann: Decision to proceed with the Bumamani Project, page-17
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Last
24.5¢ |
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Mkt cap ! $288.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 89948 | 24.5¢ |
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| BSE (ASX) Chart |