I think common sense needs to prevail here. In the long term, I think they will do well, but short term they may pay a hefty price due to their latest announcements ie.
( As a result, BC Iron (as manager of the NJV) is implementing further changes to reflect temporary suspension of all NJV activities including demobilisation of remaining contractors from site and a further reduction of overheads. As a result of these further changes, the NJV will further minimise costs during the temporary suspension period).
They wouldn't be cutting back if they were going to resume anytime soon regarding what the iron price is?
And finally, their dispute with watpac. What impact will this have in courts if they resume operations ? In my opinion ( and I could be wrong), until this is delt with, they will not resume. Otherwise, why the cut back.
JMO
GLall
- Forums
- ASX - By Stock
- BCI
- Ann: Company Update
Ann: Company Update, page-13
-
-
- There are more pages in this discussion • 7 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 BCI (ASX) to my watchlist
(20min delay)
|
|||||
Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $908.9M |
Open | High | Low | Value | Volume |
31.5¢ | 32.0¢ | 31.3¢ | $143.0K | 453.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19998 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 84759 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19998 | 0.315 |
12 | 248301 | 0.310 |
8 | 89225 | 0.305 |
21 | 235426 | 0.300 |
4 | 84636 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 84759 | 6 |
0.325 | 92966 | 4 |
0.330 | 73233 | 5 |
0.335 | 28256 | 2 |
0.340 | 25320 | 3 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
BCI (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online