Cash support isn't going to be what it currently is imo. They would likely operate for a period of time at negative cash flow hoping for an increase in price or additional cost reductions. So it's quite reasonable to think that cash backing is more likely mid to high 20s than the current 35c/sh.
At least that's what I assume as a worse case scenario. If it's better than that then it's all gravy.
Ann: Quarterly Activities Report - June 2015 Quarter, page-39
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Last
28.5¢ |
Change
-0.020(6.56%) |
Mkt cap ! $822.1M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 28.5¢ | $183.8K | 622.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 162327 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 16164 | 1 |
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| BCI (ASX) Chart |