I look at it this way:
IOH shareholders bought 1/3 of BCI, and paid:
-10c cash + a non producing asset that requires lots of capex.
Who got a better deal out of this? Let's put it this way, which one would you prefer to have bought in July? IOH or BCI?
BCI, page-13
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Last
24.0¢ |
Change
-0.010(4.00%) |
Mkt cap ! $692.2M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 24.0¢ | $481.6K | 1.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 838717 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 54124 | 4 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BCI (ASX) Chart |