Lots of cos do consolidation to keep the company looking good for investing in- that way they can keep milking their salaries, raising money and justifying keeping their gravy train existence.
Bcn Oppies already in the money and BOD seem a different variety to those dog stocks. Reckon the company will look to a consolidation down the track- but would want to offset with good news- either a great resource upgrade from drill results or purchase/acquisition- then the shares will really look desirable at the new price.
BCNOB, page-17
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.98M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $72.98K | 3.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1039150 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1092871 | 5 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| BCN (ASX) Chart |