BCN 0.00% 2.3¢ beacon minerals limited

Ann: Podcast - The Cribroom, page-11

  1. 899 Posts.
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    Are we all on drugs? 17% return is during these times where if you hold less than $500K, you get 0% on interest. So what are people worried about?
    - yes the price may drop once the dividend it paid but they still will have cash + conversion of options. Net impact minimal.
    - price may go up higher, hence why not take the punt?
    - impatience is not rewarded - but patience is.

    I got rewarded few years ago by BCN via 0.0025 cps dividend and now they are offering 0.007cps. These guys DELIVER!.

    So everyone is for their own and make the best decision for themselves, but 17% return cannot be missed in my opinion based on current share price (0.04 @ close 16/2/21).


 
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