BCB 0.00% 1.2¢ bowen coking coal limited

cash backing 4.1c/share ,nta 8.5c/share, page-14

  1. 4,921 Posts.
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    william

    not sure what calculator you are using but it keeps getting it wrong

    there are 259m shares on issue and they have at most $10.2m in cash and liquid assets (Sept Corporate update), that is 3.9c per share AT MOST not 5c

    if management said they are going to be on "drip feed expenditure over the next few quarters", this means that they aren't doing anything so what is going to be the catalyst for this stock if there are no drill results?
 
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