BCN 4.35% 2.2¢ beacon minerals limited

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  1. 2,813 Posts.
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    why did the small drop in POG cause such a drop in buyer interest?
    you might be over analyzing this.
    There appears to be only one buyer with conviction in this stock at this point in time.
    So, why wouldn't that buyer reduce their bid price in the face of increased selling pressure ?
    Is the essence of your complaint that the selling pressure emanates from an insider or worse insiders who possesses inside information?
    But I see no evidence of movements on market which suggest the work of insider criminals.
    The company has 2.8bn shares on issue . Each and every trading session on ASX there will be at least one shareholder who needs, wants, prefers to dispose of some or all of their BCN stock .
    But I - as a possible buyer- am not going to trouble myself to establish the motive in this selling .....feeding a drug habit, indulging the pleasures of a prostitute , paying off a corrupt politician.
    end of lesson

 
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Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $92.98M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $67.46K 3.066M

Buyers (Bids)

No. Vol. Price($)
1 127732 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 1854699 7
View Market Depth
Last trade - 15.01pm 15/11/2024 (20 minute delay) ?
BCN (ASX) Chart
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