Australia's largest stock trading and investment forum Australia's #1 stock forum

BDR

Click for more information

0.00%

6.5¢ beadell resources limited

gpl ‘takeover’, page-33

First 33 Last

Share
Profile

Follow
SilverTrade

27 Posts.

18/02/19

10:48

Post #: 37468344
Share

Originally posted by Grooveamarda: ↑

@ Silvertrade

Firstly, I don't provide financial advise. However, I did picked up a further 310K BDR shares yesterday at 5.9 cents for that exact reason.

Rationale:
BDR shares were trading at a 10% discount to merger value.
To increase my exposure the gold and silver going forward.
Over the last month the relationship between gold and major currencies has been broken / infers that gold will hold and strengthen in the near term

Overnight action:
GPL shares traded up 6% to 80 cents (USD)
Gold is up from $1310 to $1321
AUD is buying 71.4 cents to the USD

Based on the above inputs BDR shares in the merger are currently worth 6.94 cents. BDR is trading at discount of 1.2 cents (20%) going into its last trading day on the ASX.

Expand

great.

Someone thinks alike and see the price rice this morning.
Bravo.

Is the takeover price Au$0.86.

Regards.

BDR Price at posting: 6.4¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 36 more messages in this thread...

First 33 Last

Add BDR (ASX) to my watchlist

SPONSORED BY