BCN 0.00% 2.5¢ beacon minerals limited

Buy backs and Larger Fully Franked Dividends, page-18

  1. 369 Posts.
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    cheers.

    i see the whole manipulation/traders thing on nearly every miner on hot copper. its overblown. they might have an impact in short term, but every seller is a forced buyer later.

    particularly with bcn being such a small company, its not large enough for institutions to bother with and most retail are not sophisticated to engage in such games. there are no eto options for bcn so very little way to synthetically short the company.

    it makes little sense, but a large swathe of retail buyers dont touch low value shares and equate share price with market cap.
 
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