Nothing specific. Some decent sell volume - for BCC, which might mean a T20 exiting but that’s speculation. We should know more in a fortnight when Beam update their top 20.
I do know that it can’t be leaky info as the arbitration info is not yet known so it’s probably tax loss selling.
For full disclosure I have been buying lately. It’s priced for bankruptcy and a $10.4m market cap and <$8m EV is crazy low. Also they have $2.7m in cash with an expectation that this will increase - this is before any arbitration outcome.
One final point is that directors are not in a blackout so it’s hard to defend them if they’re not buying at these levels.
Come on guys, buy on market!!!!
Nothing specific. Some decent sell volume - for BCC, which might...
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.82M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 8000 | 1 |
View Market Depth
| Last trade - 16.11pm 21/06/2024 (20 minute delay) ? |
| BCC (ASX) Chart |
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