MC has the 5 one-on-one appointments with investors on the 25th of the next week, depending how convincing Michael is, we may see some movement if some of those investors are ready to buy into the stock. We also have 4C update coming as well.
Our total volume for the past week is barely over $100k so it would be great to get volume/liquidity running through the stock again. Look back at the 2021, volume used to be not an issue. These days we are almost illiquid.
Best case scenario is - MC is very convincing, and those investors enter the stock, followed by a 4C update on 27/28/29th. Ideally with some good figures and perhaps updates on Certus/EU Expansion/ Gov Contracts, then BCC can return back into the .400s and beyond.
Worst case scenario is - MC doesn't get the appointments filled, followed by a mediocre 4C update with a hint of needing to CR. Will surely lead the SP into a trough around .180-.220s and long period of horizontal consolidation.
Next week should be pretty exciting.
BCC Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)