BCB 1.96% 5.2¢ bowen coking coal limited

Ann: Trading Halt, page-91

  1. 436 Posts.
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    Real money, sure. But compared with the rights issue’s he’s been afforded over the years which essentially makes up his buy-in price, would that not be significantly lower than 12c or even 9c?

    How do you get around the substantial figure in receipts they’re receiving from the product(s) they’re shipping being pretty much rendered nugatory by the costs they’re documenting to ship the product(s) in the first place?
 
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