BCN 4.00% 2.6¢ beacon minerals limited

While I am not in favour of a consolidation (and love the idea...

  1. 17 Posts.
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    While I am not in favour of a consolidation (and love the idea of a buy-back), the reason a consolidation MAY work is that a lot of investment houses have rules for buying stocks with low SP and from what I can see, Graham wants to place the company as a dividend-paying, suitable-for-retirement-portfolios, supporting-Aussies type of an entity. With a higher SP, perhaps it will come to the attention of a few more investors, more adventurous ETFs, but as I said, I am not in favour of a potential further drive down. A buy-back on the other hand, will increase the volumes (especially on those lull days where ntohing happens to the SP), which I feel will drive a bit mroe activity and get the word out about the company.

 
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4 1183380 2.5¢
 

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2.6¢ 367835 1
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Last trade - 15.46pm 14/06/2024 (20 minute delay) ?
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