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75.0¢ bathurst resources limited.

Ann: Change of Director's Interest Notice (Peter Westerhuis), page-16

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investor_jackson

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23/02/17

08:24

Post #: 22830755
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Originally posted by investor_jackson ↑

I thought the shares were meant to crash by now because of the recent conversions/issue?

Clearly not... as I mentioned, why would someone sell a share at 5 cents, when it is worth at least double, probably triple that right now... maybe a couple sold in the 5's, as we've seen, but not exactly dump and run... not now the coal price has stabilized at least. Those big guys that brought in are probably only to happy to hold and if anything disappointed the share price isn't being more realistic of a coal company with over 1500 kilo tonnes per annum (including over 1000 from Bathurst's 65% stake in Stockton, Rotowaro & Maramarua)... nearly 250% higher than FY16.

It is only a few retail shareholders that have the small low ball sale that is what is keeping the share price suppressed, and a bit of 'wait and see' (fair enough as well)... nearly all the time the buy orders outweigh the sell orders by 2:1

Half year out very shortly, so will be interesting to see any updates

Exciting times to be a holder, and exciting times for Bathurst.

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1500 kilo tonnes production to be achieved in FY18 - forgot to mention this.
Cash flows for the half year will also be interesting.

BRL Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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Last 75.0¢		Change 0.000(0.00%)		Mkt cap ! $143.5M

Open	High	Low	Value	Volume
75.0¢	75.0¢	75.0¢	$6K	8K

Buyers (Bids)

No.	Vol.	Price($)
1	4644	72.0¢

Sellers (Offers)

Price($)	Vol.	No.
75.0¢	35319	1

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No.	Vol.	Price($)
1	4644	0.720
1	17963	0.675
1	8546	0.670
1	10000	0.660
1	10000	0.650

Price($)	Vol.	No.
0.750	35319	1
0.770	25508	1
0.780	8483	1
0.785	3532	1
0.790	10000	1

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