BGL 0.78% $1.27 bellevue gold limited

Ann: Successful completion of A$150M placement, page-176

  1. 6,025 Posts.
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    no, it wasnt me, but by all means you can join them at an on market discount.. right now with all the fear in the market.. might even get to 61.8% retrace at 1.19... averaging down, while it offers a good entry window does not reverse the damage done to the value of existing shares, it just means you got some more at a cheaper entry to recent price (pre raise) with a more deriskjed company in terms of half its debt paid down and an accelerated growth path.
    to be fair, the carry trade debacle has some bearing on the dip below 1.30.. maybe even all of it
 
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