BCI 2.04% 25.0¢ bci minerals limited

BCI Beautiful Compounding Investment, page-1025

  1. 2,977 Posts.
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    Don't know where you are getting that idea from @boydie63

    Australian Super, and all super fund managers for that matter, don't buy or take over business to operate them themselves. Firstly they don't have the expertise to operate the diverse range of businesses they are invested in.

    Super funds invest member funds into companies/projects, like BCI/Mardie, for the sole purpose of generating (ideally long-term) investment returns, which they will funnel back to their members.

    This is also the reason that i'm here as well, so in that sense they are no different to me/us - just a hell of a lot more $$$ invested.

    So to be clear, AusSuper are invested in BCI and Mardie for one purpose only - to generate longterm investment returns for their members. That's all.

    They will be picking up those dividends, just like us, when they eventually are declared by BCI.


    Last edited by macssharesforfun: 25/11/23
 
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