A good decision, probably. If BCB delivers a decent quarterly report later in July the stock could easily double in price, given the current strong market for met coal stocks. BCB has experienced testing times over the last few years — hence the sluggish share price— but there’s reason for hope that it’s now turned the corner, and can generate a decent stream of free cash flow from this point. That said, debt reduction must remain a top priority.
Good luck!
Ann: Investor Presentation March 2024 Quarterly Update, page-104
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $142.4M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.9¢ | $188.6K | 3.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 157818 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 100000 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| BCB (ASX) Chart |