BCI 2.17% 23.5¢ bci minerals limited

the reality is the big institutional investors desperately would...

  1. KSD
    1,785 Posts.
    lightbulb Created with Sketch. 116
    the reality is the big institutional investors desperately would have wanted this done pre FDA approval knowing that is basically a free kick in SP, say 10-15% uptick once that lands. If this had to be done, then have no doubt the Insto's would have had made it clear that their commitment to the raise would be contingent on it being pre FDA approval - and you know they wouldn't do it unless they were VERY sure that FDA is going to happen. If they dod this raise post FDA approval at say 35-40c, that is a massive swing in EV they would be giving up...
 
watchlist Created with Sketch. Add BCI (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $677.8M
Open High Low Value Volume
23.5¢ 23.5¢ 23.0¢ $37.08K 158.1K

Buyers (Bids)

No. Vol. Price($)
12 201591 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 242874 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
23.5¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
23.8¢ 24.0¢ 23.0¢ 101858
Last updated 15.57pm 03/05/2024 ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.