BRL 4.97% 84.5¢ bathurst resources limited.

Is The Market Stupid...?, page-113

  1. 351 Posts.
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    I'm quite happy they are not doing these rounds. All they do is chew up my profits/dividends, add nothing to the table for the company and it is not like BRL need new capital anytime soon. Back then the rounds were probably being done as they were seeking $ to fund the escarpment. But that is not necessary now. I do not need analysts coverage for shares I hold thank you very much. I will let EPS do the talking and that will drive SP appreciation in the long term. No junkets to Singapore, Hong Kong, Melbourne for management suits me just fine.
 
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