BCB 4.72% 5.1¢ bowen coking coal limited

Ann: Trading Halt, page-7

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    Jun 2, 2023 – 9.15am source AFR...


    Metallurgical coal miner Bowen Coking Coal was passing around the hat for a $50 million raising on Friday morning to speed up production at its Burton Complex.


    Matt Latimore is a director at Bowen Coking Coal.

    Prospective backers were told Bowen’s key shareholders Crocodile Fund UK, Flannery family’s Illwella and Matt Latimore’s M Resources were supportive and would participate in the raise.

    Proceeds would be used primarily for a box cut into Ellensfield South.

    Morgans, Petra Capital and Shaw & Partners were mandated for the raise.

    Bowen shares were expected to go into a trading halt on Friday morning. It had a $405 million market capitalisation, and shares are down 31 per cent this year.
 
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Last
5.1¢
Change
-0.003(4.72%)
Mkt cap ! $146.6M
Open High Low Value Volume
5.1¢ 5.2¢ 5.0¢ $235.2K 4.583M

Buyers (Bids)

No. Vol. Price($)
37 137603 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 697648 7
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