BC8 1.33% 37.0¢ black cat syndicate limited

Ann: Fingals Fortune - 4m @ 34.05 g/t Au to End of Hole, page-8

  1. 6 Posts.
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    The future is looking very bright for BC8. But, I can’t help but wonder whether it’s the tight shareholder register that’s creating a barrier to entry for institutions wanting to take up large positions. The volume of shares traded over the past 4 months is so low, attempting to build a position within this company would be difficult without pushing the share price significantly higher.

    I won’t be surprised if a future capital raise to assist with project financing is seriously over subscribed, as this would be the easiest method to gain a solid holding. This may bode well for little retail holders like me as more demand for these shares will support a higher raising price.

    Food for thought, otherwise I cannot explain why this company is so damn cheap at the moment. DYOR.
 
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Last
37.0¢
Change
-0.005(1.33%)
Mkt cap ! $164.1M
Open High Low Value Volume
37.8¢ 38.0¢ 36.5¢ $582.4K 1.558M

Buyers (Bids)

No. Vol. Price($)
2 90409 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 50000 1
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Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
BC8 (ASX) Chart
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