BCN 0.00% 2.3¢ beacon minerals limited

Share buy-back, page-55

  1. 3 Posts.
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    A Share consolidation for an unloved stock like BCN would be a disaster. Your 22c share assuming 10:1 will soon be 10-15c. A share buyback will help to stabilise the price, but until either a high grade discovery is found within its existing projects, or the company develops a new project in a rich resource the SP will stay unloved.
 
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