Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
7% divi at this sp. Sp will be higher than it is now within 6 months even if it does fall from here. Impossible to guess the bottom with any certainty. Good price to buy in at. Let it sit in an ISA.
What's your 'feeling' based on, falklandinvestor ?
If the advertised bid was raised to 27.5 then we would be on the 'Risers' board. This might attract potential new investors. Who controls when the bid is raised? Bet it would upset the person who manipulated the low closing price at close yesterday.
fb, many thanks for your thoughts on this. I have emailed IC asking for clarification.
The way I see it is that readers of IC are potential investors in BMN. PE is an important indicator and 41 is very different to 13.2
The PE ratio, I believe, is the market price divided by the earnings per share. Does anyone know why the IC article shows BMN to have a PE of 41? What figures are they using in their calculation? Would be grateful if someone could clarify.
Could be 'backscratching'. MM1 has the arrangement with the warrant holder re BMN. MM2 needs BMN shares and so gets them through MM1 at cost price. On a different share MM2 might have the contact and so gets them for MM1, again at cost price.
www.pressreader.com/south-africa/finweek-english-edition/20180705/282127817213638
@Pinarello, this article starts with:
'Many companies on the JSE are dual-listed, with their primary listings abroad. What are the implications for investors?'
Might be of interest.