BC8 1.33% 37.0¢ black cat syndicate limited

Ann: Trading Halt, page-23

  1. 12,248 Posts.
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    You might want to consider selling then. You have the management , the asset and now approx $20m in the can. The last placement was nearly half the size in a stronger gold price market and allowed for an aggressive tax rebate. The management are as good as you will find anywhere in the emerging resource sector and the stock is cheap. The funds are needed and we are lucky enough to have the management and the assets to attract them. The market cap is just about to hit $100m which may bring other funds given limited mandates. BC8 had a market cap of approx $12m when it listed. As i said, the additional amount of stock doesn't mean anything to me if it goes to the right place and if anyone doesn't want any dilution, dont buy emerging stocks. Raising $18.5m is a credit to anyone who can do it. If anything happens in this market, that $18.5m is going to look like a genius move.
 
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Last
37.0¢
Change
-0.005(1.33%)
Mkt cap ! $164.1M
Open High Low Value Volume
37.8¢ 38.0¢ 36.5¢ $582.4K 1.558M

Buyers (Bids)

No. Vol. Price($)
2 90409 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 50000 1
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
BC8 (ASX) Chart
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