BCN 3.85% 2.7¢ beacon minerals limited

consolidation vote yes or no, page-29

  1. 10 Posts.
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    Before Dec 2019 VOR was over 1c which would be over 20c new money. Last trade was at 15.5c on top of some good news.

    Last trade 15.5c, 20:1 consolidation = old money 0.775c. Before they announced their plan for consolidation among other things they were at 0.9c , 18c new money.

    I may have got the above wrong but if right how is this a good example for consolidation at the present time?

    Personally I would prefer BCN concentrate on proving ground up, dialling in plant and looking for new opportunities.

    Best

 
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