BCI 1.92% 25.5¢ bci minerals limited

no worries with the share price, page-6

  1. 696 Posts.
    I believe the selling has occurred because of iron ore sentiment. Goldman Sachs, RIO and a China analyst called David someone (forget off the top of my head) issuing statements including price forecasts about iron ore that indicate only those with low costs and low debt will survive going through to 2018.

    The quarterly coming needs to be comprehensive in my opinion, going beyond what would normally be announced and incorporating commentary on margins (transparent and complete to give us punters an understanding of ability to continue dividends and debt repayments), prices being received from Heng Hou and any new clients for the extra ore capacity we now have and what prices they may be paying us, cost reduction strategies etc

    The new mantra seems to be all about costs and BCI will be no different.

    I remain confident but would like to be reassured.
 
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Last
25.5¢
Change
-0.005(1.92%)
Mkt cap ! $735.5M
Open High Low Value Volume
26.0¢ 26.0¢ 25.0¢ $91.11K 354.1K

Buyers (Bids)

No. Vol. Price($)
3 200997 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 185944 4
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
BCI (ASX) Chart
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