BCN 3.85% 2.7¢ beacon minerals limited

Ann: Podcast - The Cribroom, page-14

  1. 1,332 Posts.
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    17% return is the return only if the current SP holds going ex-div, which I doubt it will.
    Given that BCN is not a real growth story, it is not really very enticing in the current market.
    I pulled out of BCN last year due to it's dog-stock characteristics, and put it all into CDV before the TO battle - returned 2.5 bags.
    Then took that cash on Xmas eve, and put it into a fintech which is currently showing >3bags.
    Overall result >7 bags.
    17% best-case-scenario doesn't even hit my radar at the moment.

 
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