You may be able to buy at market for the same price or sometimes slightly lower, but what do you gain from buying shares cheap while the company goes broke? A lot of effort is going into driving the sp down and keeping it down. To what end? Do the sharks smell blood and are waiting to snap the IP and the company up at a fire sale? Some smaller SH dont care that much if the company folds, they get a tax write off. Bigger holders would never get that benefit unless they hit a bloody big homer on other companies. This really does appear to be the BCT moment of reckoning. Many larger SH may not be prepared to take up their full entitlement, the institutionals certainly didn't want to dig deep, less than a million all up. Leaving smaller holders to keep the show afloat. I hope BCT have a rabbit to pull out of their hat very soon to give sh incentive to go for one more dip.
- Forums
- ASX - By Stock
- Ann: Bluechiip Announces Equity Raising of up to $4.8m
You may be able to buy at market for the same price or sometimes...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BCT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.705M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $6.449K | 924.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 2870001 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 267941 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 2870001 | 0.006 |
5 | 1396733 | 0.005 |
3 | 850000 | 0.004 |
3 | 1450000 | 0.003 |
1 | 1000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 267941 | 1 |
0.008 | 4772328 | 7 |
0.009 | 921306 | 6 |
0.010 | 713480 | 3 |
0.011 | 343000 | 1 |
Last trade - 15.05pm 03/05/2024 (20 minute delay) ? |
Featured News
BCT (ASX) Chart |