The news is price-sensitive. These are milestone events. This is why the money was raised. The company is showing everyone just how quickly this is coming together. The market does its own thing. A lot of the news is telegraphed at the moment. The wild card has more to do with drilling. You simply don't know what that brings until you get the assays. Most companies lack news, projects, or money. BC8 has a lot going on. The news of restarting each project, updated studies, and funding updates can all impact the stock. The market has just come off the end of tax year. The market is a little subdued imo. The market also knows that tranche 2 is coming. It's less likely to scream into the 40's until that is concluded and flippers finish doing whatever they do. I personally think BC8 can start to re-rate when that is done, debt is locked, gold starts moving again and we get close to production. It will really move when people see just how much cash this can spit out. It's a buy the dips and hold for a much better outcome down the track imo. Each to his own. Stocks dont always respond to news the way you would expect. dyor
- Forums
- ASX - By Stock
- BC8
- Ann: Processing Facility Refurbishment Underway
Ann: Processing Facility Refurbishment Underway, page-13
-
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BC8 (ASX) to my watchlist
|
|||||
Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 181823 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 2747 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 181823 | 0.360 |
2 | 8380 | 0.355 |
5 | 131309 | 0.350 |
2 | 141855 | 0.340 |
1 | 2988 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 2747 | 1 |
0.335 | 15392 | 13 |
0.345 | 50000 | 2 |
0.355 | 40000 | 1 |
0.360 | 114333 | 3 |
Last trade - 09.46am 23/08/2024 (20 minute delay) ? |
Featured News
BC8 (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online