BCC 0.00% 14.5¢ beam communications holdings limited

Ann: Zoleo JV Arbitration Update, page-18

  1. 1,799 Posts.
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    Nothing specific. Some decent sell volume - for BCC, which might mean a T20 exiting but that’s speculation. We should know more in a fortnight when Beam update their top 20.

    I do know that it can’t be leaky info as the arbitration info is not yet known so it’s probably tax loss selling.

    For full disclosure I have been buying lately. It’s priced for bankruptcy and a $10.4m market cap and <$8m EV is crazy low. Also they have $2.7m in cash with an expectation that this will increase - this is before any arbitration outcome.

    One final point is that directors are not in a blackout so it’s hard to defend them if they’re not buying at these levels.

    Come on guys, buy on market!!!!
 
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Mkt cap ! $12.53M
Open High Low Value Volume
14.0¢ 14.5¢ 14.0¢ $1.871K 12.90K

Buyers (Bids)

No. Vol. Price($)
1 71427 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 19794 1
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