Goarmy, if the directors are buying into CDG, then I will be very happy - as all along I have been hoping that they would leave BCI alone to chug along and make good profits (for us shareholders) until the IO runs out ( in the next 7-10 years?)
Chelks, good post with lots of food for thought.
Regarding your comment:
"It still may pay a 15 cent dividend in March, the money is there, but management will need to stick it's hand down the BC Iron cash pocket well below the 25% level."
I really don't thing that they will have to dip into the coffers. If IO prices remain around the $150 for this quarter then the extra $30 alone would more than pay for the divie:-
6Mt/4 quarters x $30 x .75% share x .7 (less 30% tax) / 125M shares = 19c per share
VERY, VERY ROUGH figures but enough divie-money should be there by the end of March....
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24.5¢ |
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Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 24.0¢ | $861.7K | 3.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
25.0¢ | 50173 | 3 |
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5 | 143333 | 0.240 |
11 | 254805 | 0.235 |
16 | 186207 | 0.230 |
5 | 219970 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 50173 | 3 |
0.255 | 293988 | 4 |
0.260 | 111765 | 4 |
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