Am I missing something?
How is BCI spending $150mil when its a script offer (costing you NOTHING) and 10 cent per IOH share where the cash comes from "IOH" cash holding of $50mil. All IOH shares equate to $16mil (160mil shares @ $0.10ps).
So after the deal, BCI will have an extra 70.4 mil shares (I understand this dilutes current BCI share holdings) PLUS an extra $34mil cash ($50mil-$16mil) plus revenue from Iron Valley (at no capital cost) plus lots of ore!!!
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Am I missing something? How is BCI spending $150mil when its a...
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22.5¢ |
Change
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Mkt cap ! $648.9M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 22.0¢ | $97.06K | 437.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 51927 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 4724 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 22150 | 0.225 |
4 | 42927 | 0.220 |
8 | 158499 | 0.215 |
5 | 206432 | 0.210 |
4 | 296692 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 8244 | 2 |
0.230 | 10105 | 3 |
0.235 | 75099 | 4 |
0.240 | 297439 | 7 |
0.245 | 278916 | 10 |
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