Some pretty conflicting opinions on BGD in here from an outsiders perspective. I try to ignore the noise as best I can and watch what is actually playing out.
Fact is, someone(s) wanted to throw $3m at it, rather than the $2m being asked for.
Once the paychecks come in, BGD will have around $10m in the bank to play with. Should be enough for around ~12 months of drilling and scoping studies, based off the last ~3 years since IPO.
Even with prior management selling out, which is done for a large variety of reasons, the share price remains fairly stable - even making a new all time high (before they decided to raise money the very next day!)
Keeping a close eye on it to see how it goes once over the next month.
Stuck a toe in the water last week to check the temp.
With on-going drilling, a scoping study in the works, resource upgrades every few months and a strong gold price... Could be a ripper trade.
The technical analyst in me is foaming at the mouth to see this make a move out of this 3 year long IPO base. Should it go, shareholders should be in for an awesome move.
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Last
26.0¢ |
Change
0.010(4.00%) |
Mkt cap ! $56.85M |
Open | High | Low | Value | Volume |
25.5¢ | 26.0¢ | 24.5¢ | $192.7K | 765.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1455 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 32000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 27618 | 0.240 |
2 | 18199 | 0.235 |
3 | 14500 | 0.230 |
2 | 18345 | 0.225 |
3 | 66003 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 32000 | 3 |
0.270 | 474024 | 5 |
0.275 | 50000 | 1 |
0.285 | 471 | 1 |
0.300 | 10000 | 1 |
Last trade - 15.52pm 30/08/2024 (20 minute delay) ? |
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