All the "Market" is telling us is that investors see Beacon fairly valued for now and technically its held 2c which is great. But the buy/sell sides are very thin at the moment and the stock can move multiple ticks either way with only small orders excuted.
What was your preference? Dilute a 2.5 billion shares security even more to with a CR fund this project so we'd have 5 billion+ shares to deal with? Ridiculous.
A wonderful opportunity for a medium/long term hold at current prces with Directors in it to their eyeballs, they have literally gone all in at every opportunity to raise capital and acquire shares.
All projected figures are based on POG $1650/oz AU as well - current POG AU price is $1720/oz.
Kirk
Ann: Change of Director's Interest Notice x2, page-14
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Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $21.74K | 824.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 153051 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1039496 | 4 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |