BCN 3.85% 2.5¢ beacon minerals limited

Ann: Trading Halt, page-53

  1. 2,784 Posts.
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    my wife said im stupid
    wives say those sort of things don't they. My wife has been waiting for me to go bankrupt for the past 50 years Mike!
    5 cents is not unreasonable if Beacon's market cap can climb into the next tier, say $150m which could be based on annual dividends of say 0.3 cents = an annual distribution of $11m .
    Unfortunately, we will have to wait until February or maybe March to see if Lady Ida has the potential to deliver the free cash flow to support such a generous dividend policy.
    Hey...a word of encouragement..I've changed my sentiment to buy.

 
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Buyers (Bids)

No. Vol. Price($)
1 509401 2.5¢
 

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Price($) Vol. No.
2.6¢ 1414611 2
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