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16.5¢ beam communications holdings limited

I don't think this is the way the play plays out, IMO, BCC...

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Tradingdreamz88

4,999 Posts.

955

04/03/24

14:51

Post #: 72733813
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Originally posted by Chuxa: ↑

There have been 3 points in BCCs life in the past 5 years when it traded at 0.150 level:

1. Listing, first few weeks of 2019
2. COVID Crash, March 2020, few days
3. iPhone satellite news, July 2020, few days

It seems that BCC is heading down to revisit the 0.150 level for the 4th time, as I and others have said, Irridium / RP should just put this stock out of its misery and takeover the darn thing, it costs next to nothing. Those companies likely would barely even register any noticeable budget hit @AUD$30M offer.

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I don't think this is the way the play plays out, IMO, BCC will pay well overs for the remaining share, debt funded, and claim the 'victory'

Something smells here, seems to be an underlining reason RP haven't made a move & imo that correlates with why there's zero interest in on market buying by any serious money.

Time will tell, but this isn't a new story, it's known in circles, yet struggles for a bid... Strange.....

BCC Price at posting: 16.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 16.5¢		Change 0.000(0.00%)		Mkt cap ! $14.25M

Open	High	Low	Value	Volume
16.5¢	16.5¢	16.5¢	$1.65K	10K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	28440	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.160
1	103448	0.145
1	22499	0.135
1	8695	0.115
2	59099	0.110

Price($)	Vol.	No.
0.180	28440	2
0.190	20000	1
0.195	7500	1
0.200	25000	1
0.220	40000	1

Last trade - 12.12pm 23/07/2024 (20 minute delay)

BCC (ASX) Chart

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