If we are honest with ourselves, the share price is still well below where it should be and announcements aren't having the full desired effect. With debentures now paid back we get to take a peak as to how impactful that is over the next few days, but I suspect a few more pips may be the limit. Hopefully we will get a bit of a rise towards the end of the month ahead of the drill results. That is the acid test in my opinion. If we return decent results that suggest a few more years on the LOM, yet still find ourselves relatively in the same place with regards to the share price, then I think management will have no choice but to address the share registry issue. Even today it felt like suppression was there. I think market confidence in this stock should be good enough right now to make that move. It would certainly transform the investment case from "yeah it's nice, but 4bn shares on issue..." to "why is this only valued at 115m?".
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $9.177K | 406.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1216184 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 119118 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1216184 | 0.022 |
8 | 867647 | 0.021 |
8 | 5701841 | 0.020 |
1 | 30000 | 0.019 |
1 | 3000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 119118 | 2 |
0.024 | 620874 | 4 |
0.025 | 1778537 | 5 |
0.026 | 517036 | 3 |
0.027 | 389382 | 2 |
Last trade - 10.33am 27/08/2024 (20 minute delay) ? |
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BCN (ASX) Chart |