Gidday goarmy,
That's generally true with the ASX/ASIC and some of the blighters that run some ASX companies.
But I have never seen any of that sort of behaviour from BCI directors. This may change but going by the history of the men in question, I'd say it's higher unlikely that they would change.
To give you an example:
In Feb 2009, Mike made a statement through the media that BCI and FMG were in advanced talks regarding taking the MoU into an in-principle agreement. That day the BCI SP rose 33% from 30 to 40 cents (memory). The price continued to slowly climb to 62 cents before BCI went into a trading halt in June 2009. After the trading halt was lifted, the 50/50 JV announcement saw BCI open at around 90 cents and then continued upwards to hit a high of $1.32 in the course of about a fortnight.
Mike brought on the market the day BCI came back online in June 2009 and brought for around 90 cents. My point is Mike could've brought well before that June 2009 trading halt. He could've brought BCI for 30 cents with the knowledge BCI and FMG were in advanced talks. Yet the man waited around four months, until after the trading halt and brought the shares for 90 cents.
Only my opinion buddy. But it would surprise me if they did buy CDG!
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Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $706.7M |
Open | High | Low | Value | Volume |
24.5¢ | 25.0¢ | 24.0¢ | $198.5K | 812.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44912 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 377190 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.240 |
7 | 219661 | 0.235 |
20 | 280433 | 0.230 |
4 | 169966 | 0.225 |
12 | 309380 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 377190 | 3 |
0.255 | 143921 | 2 |
0.260 | 19663 | 2 |
0.265 | 100000 | 1 |
0.270 | 146470 | 5 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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