RE: P/E Ratio -Stupidly low22 Sep 2020 23:32
How sexy would the books look if that $33m from Vanchem purchase was put back it BMN's accounts and we only had Vametco with loads of money in the bank?
Even If BMN are supposedly losing money and a potential dilution mooted. They are going about splashing their cash unabated on VIP's, Vametco and Vanchem upgrades. They do not seem to be worried about their accounts as some on here and the SP is something they cannot control.
I agree we might get some dilution but hey ho, they better start buying back shares in a few years when they hit the big time.