In the aftermath of all the Patterson selling in Oct/Nov last year, the stock was showing some support at the 140/145c level. After the placement was announced the stock drifted to a miserable low of 84c , which was 4.2 under the old scale.
One would hope that - at a minimum - holders could see this back to at least $1.00 during the drilling phase. Any confirmation of the 60m strike would surely see this testing $2.00 (10c on the old scale).
Forget the Day-trader-induced hype of $3 (15c) from last year - that would be folly, but long term, quite possible.
At this stage I think all stake holders will be happy to see the price double during any successful drill campaign, otherwise....
2 rigs mobilised to site, page-8
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.48 |
Change
0.010(0.68%) |
Mkt cap ! $1.887B | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.50 | $1.47 | $9.400M | 6.377M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8246 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 136939 | 6 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BGL (ASX) Chart |