l would be satisfied as a shareholder to see less spin
f the reality is 160 k .... so be it!
but the roller coaster ride of announcements of cheap production, high grades followed by revised/ sour announcements is almost bordering on disbelief!
If anyone has the time a breakdown of the past announcements/ dates which were either due to governing procedures or the companies own announcements would be valuable- the swings just seem extreme.
Could be wrong but my reading of statements by Beadell is that there is not a lot of excess of funds that need to be shared/distibuted, this usually occurs when companies have so much profit that they need to share it?
So why the divi?
There is however a very large amount of shares on issue?
Peter Bowler also needs to get out there and do some real time on the investor/media circuit similar to Bill Beament of NST.
Just aghast at the circus and no l don't getting the feeling this bodes well for the future, the overall handling by management seems poorly!
There are other companies on the ASX in a 10 cent price range giving a 1 cent divi unfranked, if that is what your investing interests are.
If Beadell hits a few macro hurdles?
Charts in a continued down trend, market seems to have lost interest.
12 gold stocks on my watch list today - BDR's the only one in the booby red!
Aghast at the SPIN - and now its off my chest!
BDR Price at posting:
24.0¢ Sentiment: None Disclosure: Held
