The share price won't see much upward movement until we get a better idea of profit. These announcements are very hard to put a $ amount on. BFC only owns 30% of Scorpio, so I assume it would only be getting a 30% slice of profits.
BFC is a sit and wait stock at the moment. It has $35 million in the bank ready to invest, $116m in net assets and its market cap is $130m. It would really have to stuff things up from here for the share price to sink much lower and stay lower in the medium-long term.
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