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0.7¢ bowen coking coal limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-153

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elLocoGator

120 Posts.

33

07/08/24

09:42

Post #: 75103225
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Originally posted by mondyinvest: ↑

Very sorry to see the losses on this one. FWIW I suspect
yesterday’s volume was largely Regal, who at last notice had 346.1M shares or 12.1% of the register. We will know for sure in a few days if a change in substantial comes out.

Otherwise, the most recent substantial holder list is from the 2023 annual report, register as at 4 October (see below). Bear in mind at this stage there were 2.217b shares on issue and since then they’ve added another 632M shares so there’s now 2.849b shares out there. As a result some of these holdings may have been diluted below 5% so they can sell without disclosure.

Most of them have participated in multiple raises so will be massively underwater, likely they were holding out hope of a turnaround rather than realising a massive loss… but the quarterly seems to show they’re ngmi with all the debt now due again. If they default on the debt, equity holders will be bottom of the pile hence the equity is being de-rated.

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Thanks for taking the time to explain this; if anyone would be in the know it'd be one of those guys for sure

BCB Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $69.99M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$17.42K	2.235M

Buyers (Bids)

No.	Vol.	Price($)
65	48707573	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	9925031	5

View Market Depth

No.	Vol.	Price($)
65	48707573	0.007
12	9755344	0.006
17	7765991	0.005
3	3325000	0.004
3	11000000	0.001

Price($)	Vol.	No.
0.008	9925031	5
0.009	30409338	14
0.010	4157796	9
0.011	1625120	3
0.012	3034693	5

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