BCN 11.5% 2.3¢ beacon minerals limited

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  1. 442 Posts.
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    bigdogster - whats the obsession with dividends?

    the yanks reckon we are mad re divvies

    they say paying a divvy means the company admits it doesn't know what to do with the surplus money so they give it back as a divvy

    yanks reckon company admitting that means they cant reinvest in the company, cant find new opportunities to spend the $ on, cant expand etc etc

    they reckon its just dumb, they would rather see capital growth any day

    not often that I agree with the yanks on anything much, but they may have a good point here

    anyway I am delighted by the current BCN BCNOB trend and long may it continue

    my theory of only checking the SP on a Fri has been working well, probably due for a face plant one fri soon?
 
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