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3.70%

5.6¢ bowen coking coal limited

If you are topping up then, after 3.45 pm looks like a good time...

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hightrax

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325

18/02/24

16:43

Post #: 72470594
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Originally posted by bm: ↑

Clybigz i actually think this is a positive - only someone disclosing 5m shares to sell at 6.5c which was more than volume traded on day is looking to cap the share price.

An institutional investor would not do this if they were looking to sell some BCB !

Further more in the match on Friday there was a buyer for 1m at 6.5c and i personally bid for 1m at 6.3c

Any normal person wanting to sell would have hit the bid at 6.3c in match and sold over 3m shares - clearly they didnt want to sell

i have noticed this many time in recent weeks where large volume on sell side appears around 3.45pm

Again they could have sold all this late volume at any point during the day

SOMEONE IS LOOKING TO BUILD A POSITION AT THESE DEPRESSED PRICES

i have used the same strategy working for large institutional investors

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If you are topping up then, after 3.45 pm looks like a good time to get a bit lower in price.

BCB Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.6¢		Change 0.002(3.70%)		Mkt cap ! $159.2M

Open	High	Low	Value	Volume
5.4¢	5.7¢	5.3¢	$33.07K	592.5K

Buyers (Bids)

No.	Vol.	Price($)
2	117567	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.7¢	151659	13

View Market Depth

No.	Vol.	Price($)
2	119823	0.056
2	82455	0.055
1	232660	0.054
2	434342	0.053
1	114757	0.052

Price($)	Vol.	No.
0.057	398445	16
0.058	213194	4
0.059	285000	3
0.060	302872	3
0.061	8500	1

Last trade - 10.54am 10/05/2024 (20 minute delay)


Last 5.7¢			Change 0.002 ( 7.34 %)
Open	High		Low	Volume
5.4¢	5.7¢		5.3¢	133514
Last updated 11.08am 10/05/2024 ?

BCB (ASX) Chart