BCN 13.0% 2.6¢ beacon minerals limited

Ann: Podcast - The Cribroom, page-33

  1. 5,504 Posts.
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    I am in agreement with the buy back before any dividend. Keep the dividend until next fin year when it is franked. Or even a small one declared in July with some franking. I think BCN will be a tax payer this year and eat up all prev tax losses.

    They can do a bulk, one off buyback, or simply do the 10% of shares buyback of 350 mill shares bought back over a month or two will do wonders for the share price. It is painful to watch this share price. I bought more at 38 today. But I dont have unlimited funds!
 
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