I think that the last big step(from $2.50 to over $4) in the SP was due to a combination 3 things:
Higher IO price
BCI buying an extra 25%
More liquidity after Regent's exit
I believe the next big step up will come when BCI announces the exact size & quality of the resource - with a plan on what to do (or can be done) with the vast lower grade ore reserves.
This ann should come in either the Mar or Jun report.
_____
In the meantime it looks like the SP will just fluctuate with the general IO sentiment - along with BHP, RIO & FMG.
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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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