BCB 5.33% 7.1¢ bowen coking coal limited

A lot of things in this report but from a quick read,...

  1. 4,848 Posts.
    lightbulb Created with Sketch. 4936
    A lot of things in this report but from a quick read, unfortunately the balance sheet is looking extremely stretched. $69.8M cash plus $16.5M receivables due, versus current liabilities of $169.7M of which a huge chunk is payables due:

    https://hotcopper.com.au/data/attachments/6032/6032882-4e4202c3735bde13ef4f97482f24c551.jpg

    https://hotcopper.com.au/data/attachments/6032/6032885-1a82d188c3d10b0b89dd0d5ffae356d7.jpg

    Seems like they’ll need another capital injection, or the state to agree to keep kicking the royalties down the road.
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
7.1¢
Change
-0.004(5.33%)
Mkt cap ! $202.2M
Open High Low Value Volume
7.4¢ 7.4¢ 6.7¢ $358.7K 5.118M

Buyers (Bids)

No. Vol. Price($)
1 8000 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 37317 1
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
6.8¢
  Change
-0.004 ( 7.73 %)
Open High Low Volume
7.2¢ 7.2¢ 6.8¢ 911647
Last updated 15.57pm 28/05/2024 ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.