Well, BCN need to do something with the cash; it seems once taxes are being paid, it is wise to give it back to the share holders as franked dividends; I would guess BCN will pay taxes this FY we are in; I think it was $20 mill tax credit or so; so if they earn over $20 mill this year, they need to pay tax, and franking should start
So 'next year' is the logical call; and I am planning on that
re the value of the operation with only a five year LOM; we saw a reader say $200 mill accrued EBITDA; if market cap is $100 mill, and the company earns $200 mill... what the heck to do; do we all get a 10 cent franked dividend in 5 years?; I think 1/2 cent franked divvie must come very, very soon; I think we see it THIS year
I dont know a lot of the history, but I see BCN paid a big special dividend long ago when they had a one off cash earning; so one will think they will continue to behave as they have, that is... if profit comes, pay a dividend
I am disappointed by the trading today; how can we go backward? now that does matter IF cash comes to BCN and they distribute; and sadly, I guess it means the drill results are only 'oh, hum'... not big, but not nil... at least that is a start I guess
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $14.03K | 611.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2131895 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1074448 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 2131895 | 0.022 |
3 | 272600 | 0.021 |
7 | 4841841 | 0.020 |
1 | 30000 | 0.019 |
1 | 1000000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1074448 | 2 |
0.024 | 1613742 | 6 |
0.025 | 1378537 | 4 |
0.026 | 517036 | 3 |
0.027 | 389382 | 2 |
Last trade - 15.16pm 15/08/2024 (20 minute delay) ? |
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