BCI 2.13% 24.0¢ bci minerals limited

looks to me that punters are selling the news that future divs...

  1. 877 Posts.
    looks to me that punters are selling the news that future divs will be 30 - 50% of profit. guess they're seeing more shares on issue post IOH deal AND reduced profit due to falling IO price. which would mean a cut to the div. i'm still of the view that div paying Ironers are a great exposure to benefits of a falling AUD. my money is still firmly on AUD reverting further towards LT trend. GLTA.
 
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