I am usually quick to be critical of stocks i hold (aka managments short comings and poorly performing SP) however with BCN i truely think this is one of the few stocks on the ASX where there really isnt much to be complaining about.
Getting funding for a mine would usually involve hefty delays and dealing with venture capitalists such as hartleys who really destroy SP value in the short medium and long term.
I have nothing bad to say and think the debenture route is a stroke of genius and i consider it to be the best of bad options (getting financing is basically begging for money so yes it comes ALWAYS with unfavorable terms).
Im happy as here, just wish i choose this as a major investment vehicle (and not other stocks i cant stop rubbishing because management have either gone AWOL or love to cash burn despite a hemorrhaging SP!)
I understand being a long holder that prior to this development and the sweet 1 time payout it was a rubbish stock for years.. clearly that has changed now and we have a very real and short term project that is about to generate decent coin.. Number 1 stock for mine and looking around management smell like roses!
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $64.42K | 2.833M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 2315395 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 75535 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 2315395 | 0.022 |
3 | 272600 | 0.021 |
6 | 4801841 | 0.020 |
2 | 70000 | 0.019 |
1 | 1000000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 75535 | 1 |
0.024 | 953987 | 4 |
0.025 | 1378537 | 4 |
0.026 | 517036 | 3 |
0.027 | 125000 | 1 |
Last trade - 15.32pm 16/08/2024 (20 minute delay) ? |
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