Because of working capital build-up and because I assume BCB could be fully deleveraged in 1yr if being managed prudently.
Looking 3-4 years out and considering higher prices are likely... let's not forget there would be excess cash being generated over time.
Given how depressed the current share price is, just a small buyback would have a material impact on returns. Not that one is in the cards right now, just saying there is enormous optional value (higher prices, buybacks, dividends, synergies with Fitzroy, etc.).
Because of working capital build-up and because I assume BCB...
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.5M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.3¢ | $78.20K | 1.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43122 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 173880 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.000 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.7¢ | 5.3¢ | 166623 | ||
| Last updated 15.58pm 10/05/2024 ? | |||||
| BCB (ASX) Chart |