BCI 0.00% 22.0¢ bci minerals limited

From a risk perspective, a 5% premium to lock in a 'bird in the...

  1. 265 Posts.
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    From a risk perspective, a 5% premium to lock in a 'bird in the hand,' versus 'two in the bush' totally understandable. And from a truly long term investor perspective will be a roundig error.

    But one of the main reasons I've always stuck with BCI & management has been (more than marketing) they've let existing shareholders participate in any raising & haven't scaled back in past (but haven't had massive oversubscriptions in past from my memory). And this ethos would also wear well with Australian Super, and wouldn't suprise me being a reason they've got on board.
 
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