BDR 0.00% 6.5¢ beadell resources limited

Dear Directors,

  1. 236 Posts.
    What some shareholders think for your next Board meeting.

    A buy back at these low share prices OR a dividend ?

    Please refer post January 7.

    Buy Back votes = 35

    Dividend votes = 16

    One could argue that 2/3rds. of shareholders would prefer to see a Buy-Back of shares rather than a dividend, however, TPG is the first to acknowledge it was only a small sample vote.

    Great to see note this morning from MacQuarie lifting from Neutral to Outperform.

    Once the balance institutional sell overhang has gone I believe we will see our share price head closer to these re-rating targets.
 
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