BCC beam communications holdings limited

BCC updated valuation. +$1 by FY23 end, page-320

  1. 2,044 Posts.
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    TBH even if some of the heavier holders wanted an out right now the SP would retrace down into low teens. I.e. when Stealth closed his positions SP was depressed from 27c to teens and low 20ies for weeks, that is just one holder. If I was to close my positions it would be similar.

    At this rate BCC is on the edge, once investors see no light in the end of the tunnel, that is it, BCC will have its MC halved just from the retail exiting.

    Btw something really interesting that I have observed two days ago - when the SP shot down into teens, 4 lines of orders instantly came through on the buy side accumulative for almost 1M of shares in the .185 .190 .195 .210 absorbed all of the sell orders and then they were removed before starting auction the next day. It really looked that like management have put some protection in place to not allow the SP to slide below 20c.

    I also did sell some few k of stock into that .210 buyer at the closing auction to bring the SP back up from .195 to .210 to close off the day.
    Last edited by Chuxa: 21/04/23
 
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(20min delay)
Last
14.0¢
Change
0.020(16.7%)
Mkt cap ! $12.09M
Open High Low Value Volume
13.0¢ 14.0¢ 13.0¢ $25.90K 194.0K

Buyers (Bids)

No. Vol. Price($)
1 31014 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 79284 3
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
BCC (ASX) Chart
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