BCN 0.00% 2.3¢ beacon minerals limited

consolidation vote yes or no, page-25

  1. 67 Posts.
    lightbulb Created with Sketch. 46
    That's a big NO from me....this is a dividend story that has to do one of two things:

    1. it rewards loyal shareholders with a 10-20% dividend yield for the next 4-5 years at a minimum, or
    2. It rewards loyal shareholders with a 10-20% dividend yield and a massive capital gain when other hear about a small gold miner paying 10-20% dividend at a time when there are shocking returns on all other forms of investment in a post COVID world.

    I would very proudly tell people of my 4c share if it's returning 20% return p.a.

    Consolidation would generally result in a loss in value and change nothing on distributions, apart from a waste of company funds to do the consolidation.

    Cheers

 
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