I think its naive to think the podcast boys are responsible for this sell off.
They made some good points and highlighted some risks which many punters (myself included) weren't aware of, however all that information should have been known by the greater market.
Share price has gone one way since the resource upgrade so I see 6 possible reasons for the sell off
1) Sell the news
2) The resource upgrade underwhelmed some investors
3) Podcast boys scared a few into selling and triggered some stop-losses along the way
4) Overall market - Many goldies were sold the last few days
5) BC8's cash position and near-term capital needs
& 6) A little bit of everything above
Sentiment is Hold, though if you can wait 12 months then I think it's a good buy - though you may get it cheaper still. We'll see.
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30.5¢ |
Change
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Mkt cap ! $115.2M |
Open | High | Low | Value | Volume |
30.0¢ | 32.0¢ | 30.0¢ | $289.1K | 934.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 44359 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42709 | 0.305 |
8 | 141226 | 0.300 |
4 | 72795 | 0.295 |
3 | 20800 | 0.290 |
3 | 230526 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 50000 | 1 |
0.320 | 31010 | 1 |
0.325 | 20000 | 1 |
0.330 | 80047 | 3 |
0.340 | 4735 | 1 |
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