cso1 - my point was BGS was very much in a similar position several months ago, in fact their Shareprice sat between 0.5 and 0.8 between July 2012 and Mid Jan 2013.
Any company with a share price in this position faces challenges, most notably by people placing short term GAP plays (buying 0.005, selling 0.006) for a simple 20% return - which is what I have been doing with GIP this lasy two weeks (up 40%/after costs at present).
As such, to be able to break that trend, it requires significant re-rating news or the DT/ST HC teams to come out in force, which happened to BGS in Jan and still has.
Further more, BGS also has the sovereign risk similarity that letsee seems to think is a massive issue here. IMHO though Mali carries significantly more soverign risk than Egypt, even after the 'democratic' appointment of the Muslim Brotherhood.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.969M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $40 | 5.761K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 17437103 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 78934 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 17437103 | 0.007 |
10 | 20850603 | 0.006 |
3 | 10455000 | 0.005 |
2 | 1740000 | 0.004 |
2 | 2300000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 78934 | 1 |
0.009 | 3449799 | 6 |
0.010 | 3700871 | 6 |
0.011 | 2539829 | 3 |
0.012 | 1423131 | 3 |
Last trade - 09.59am 21/07/2025 (20 minute delay) ? |
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