Nice. It's also good to have an independent check on my reasoning. Thanks, binwood.
To our nervous or cranky fellow investors, per binwood's numbers, we can see that even a fall in POG from USD1,200 to USD1,100 and a 32% in shares dilution can still produce an 8.5% higher earnings per share. We need to bear in mind that there are other important factors in play as well and these should be accounted for, too. Otherwise, we could lose sight of BDR's tremendous upside potential. Cautionary note: the only guarantees in life are death, taxes and an irrational share market. All the best.
BDR Price at posting:
27.8¢ Sentiment: Hold Disclosure: Held
