Sorry, @wasp17, but if you’re really looking for the truth here, you need to ignore the comments of your mate at the mine. $1 within 12 months is an absurd and entirely unrealistic target, not least given the massive dilution of shareholder value created by successive large capital raises. If you’re looking for a more realistic price target, think of 15c within 6-9 months and, if all goes very well, 20c within 12-18 months. Even those targets are optimistic, but plausibly realistic (if the coal price holds and costs can be held in check).
If the BCB share price does reach $1 by end ‘24 I’ll be the first to apologise to you and your mate.
Ann: Trading Halt, page-81
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $42.73M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.5¢ | $285.2K | 17.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 7734997 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2295252 | 10 |
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| Last trade - 15.58pm 15/08/2024 (20 minute delay) ? |
| BCB (ASX) Chart |