BCD 0.00% 3.5¢ bcd resources nl

Rosyoutlook, As the shares convert the capitalisation of the...

  1. 72 Posts.
    Rosyoutlook, As the shares convert the capitalisation of the company reported by the ASX is updated. I based my figures on the current capitalisation of BCD which includes converted notes so far. Not sure how many still need to convert but I will keep an eye on it as it is updated on ASX to recalculate PE's.

    On another note there could be note holders converting for 1 cent and then selling on ASX for a profit. Could explain why the stock has been belted down to 1.1 cents. Therefore, if BCD holds at 1.1 cents or above its a very positive sign as it would explain a lot about current share price weakness and would further promote the cause that this stock is BUY.

    Lets see what happens but very interesting situation here.
 
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