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

great. Someone thinks alike and see the price rice this...

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

WC8

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

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

MIN

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

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

First 33 Last

Add BDR (ASX) to my watchlist