BCI 2.08% 24.5¢ bci minerals limited

please don't start, page-15

  1. 696 Posts.
    Hi Bernard99,
    "Substandard" referred in the main to your incorrect assertion and comments around MY selling shares from his superfund, which we know to be incorrect.

    I am simply trying to uphold the integrity of the forum - nothing personal.

    From what I can see MY has raised $1M approx. Also:

    CDG have gone into a trading halt pending a capital raising to solve some short term funding issues. I will eat my hat if MY stumps up hiis own money for this capital raising.

    CZI have raised some funds and MY may be up for less than $50k for his share of the placement. Loose change for him.

    Still nothing to see here - the main point being that I do not believe MY is peeling off his BCI stock to secure a better return elsewhere in the market.

    With Cons Min still holding a key stake in BCI, any sale or big move will inlvolve them and something north of $5 and in the meantime cash is generated to facilitate debt paydown and dividends.

    Where can you find a better return with risk having largely been mitigated? If you can, let me know please.

 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
24.5¢
Change
0.005(2.08%)
Mkt cap ! $706.7M
Open High Low Value Volume
24.5¢ 25.0¢ 24.0¢ $198.5K 812.7K

Buyers (Bids)

No. Vol. Price($)
1 44912 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 377190 3
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.