BCN 3.85% 2.5¢ beacon minerals limited

Let's not make this thread a stereotypical one guys. Cmon!Yes...

  1. 490 Posts.
    lightbulb Created with Sketch. 178
    Let's not make this thread a stereotypical one guys. Cmon!

    Yes people play games etc but that's how it is on the stock market, especially the speculative end. "Selling down" and "stop loss triggering" simply isn't happening here. Just look at the volume..... All that's happening is some smaller holders are selling to patient people at the low to mid 4s. This is just about at the recent cr price and the chart and price action remains very healthy. Consolidation is great.

    I watch this stock all day everyday, and the "manipulation" seen here is nothing compared to some other stocks. All that is happening is some people are bored, not riding the beacon wave anymore (of which the large wave was absolutely huge) and are very likely selling for a good profit and either pocketing it, or moving it to the next vehicle to make money.

    If we are all in for the long haul..... Then day to day changes that aren't more than a pip or two on most occasions, mean absolutely nothing.

    Trust the story and know your money is in good hands long and mid term.

    Next catalysts:

    More sales/income
    Throughput rates
    Grade
    Recovery rates
    Drilling starts confirmation
    Drilling results

    Kirk.
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $93.91M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $22.92K 916.9K

Buyers (Bids)

No. Vol. Price($)
1 509401 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 1061750 2
View Market Depth
Last trade - 13.40pm 27/06/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.