BCB 0.00% 1.2¢ bowen coking coal limited

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  1. 13,218 Posts.
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    Might well be a placement.... seen it many times .... I'm sure the insto/sophs in the know... many times are leading the pre raise selling pressure to not only lower placement price but to also raise the Capital to take up the cheap placement shares ..they then have a very good chance of seeing the SP head higher once the raise has been done ...and even buy more to increase the trade value ... who knows if thats the case here.. but 22.5c it was near on double that SEPT22... 7 months ago ..$A Coking coal price still looking healthy ..
 
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