BCN 0.00% 2.4¢ beacon minerals limited

Why? wtf happened, page-2

  1. 1,905 Posts.
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    Someone probably needed to sell, or they figured this share is going nowhere right now and their money can get 5% in the bank. The capper has done enough to ensure we're pretty much unbuyable. No one will touch us with our share price track record. Either they think there is something wrong because "why hasn't it gone up?" or they figure that it's not going up any time soon since it's been held here for so long despite the company producing gold and being in profit. And as others have said previously, the big money (super funds etc) aren't going to buy into such a small company, so if we don't look attractive to smaller investors, our share price is going nowhere. Management don't exactly shout about us from the rooftops, so here we are. Also, with the lack of buyers, this could go way lower. Why would you risk buying in right now?
 
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2.5¢ 1278537 3
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