That would be interesting boned1. If BCI hits $3 its a 25% drop off highs. This would be understandable if the Iron ore price was under a hundred bucks but has anyone noticed that its just a whisker off $140 (http://www.bloomberg.com/quote/OREXIO1M:IND)
So it all seems to be wrapped up in perhaps an expectation of a major drop in the IO price, combined with perhaps some serious profit taking, mixed in with Mike Young stepping aside and a bit of the Cyprus debacle to spook people. But guess what, BCI is still going to make a bucketload of cash this year. Anyway, a great quarterly result and resource update is certainly really really needed right now to get this stock out of its funk.
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Last
$1.33 |
Change
0.000(0.00%) |
Mkt cap ! $3.418B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.33 | $1.31 | $7.566M | 5.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68936 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 83816 | 17 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| AMP (ASX) Chart |