I feel sorry for the mums and dads that are left holding this hot potatoe, that got sold this "high yield" bull. Yield means nothing if there's no capital growth. Ask all those still holding Telstra shares, only BCS is 100 times worse.
All the big players took out massive fees, heck even the smaller ones took out massive fees. $4.7m for a 15 page report?
Debt to equity is off the charts.
4-5 years until completion of this road.
This company is a complete joke, I can't believe it ever listed. Should've remained private. What's next? NSW government listing the North-West railway?
Conjob, imho.
BCS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held