BCN 0.00% 2.6¢ beacon minerals limited

what needs to occur for this to appreciate in value, page-31

  1. 2,787 Posts.
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    Lastly, I'll be satisfied with a a dividend that competes with bank deposit rates : 0.5%pa = 0.2 cents.
    please forgive my appalling maths.
    That BCN dividend of 0.5%pa ?
    Let's pay it in 2 tranches : twice a year ::an interim and a final .
    Interim dividend: 0.02 cents requiring a cash outlay of $578k on present issued shares
    Final Dividend : 0.02 cents requiring a cash outlay of $578k on present issued shares
    Also, I would be happy with a dividend reinvestment plan at say a 5% discount to the last price on the ex-date.
    Also, I'd be happy to underwrite the issue of BCN shares required to pay out those BCN shareholders who elect to receive their dividend as cash .
    In that way BCN coffers are undiminished by the dividend and I get to increase my equity .
    Yes, buying more BCN today .
 
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