RBR,
excuse me please for probably asking a question that every one knows the answer here but :
Why would someone shorten BCI when it is unlikely that the IO price and the sp go back to their lowest level ?
Like the oil price it is unsustainable even for the biggest players to have a commodity price close to break even when they could make more money ( that they urgently need ) and the attempt to push all smaller players out of business failed. I am not an expert but over time the IO price will go back to a higher level, as new projects have been postponed or won't get finance and as the world population and world income grows especially in India and Africa.
Of course I could be totally wrong but with the sp still at about 10 % or 90 % down on the highs from Feb 2014 I can't see the shorten makes much sense.
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.010B |
Open | High | Low | Value | Volume |
35.5¢ | 36.0¢ | 35.0¢ | $747.8K | 2.115M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 856886 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 42914 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 856886 | 0.345 |
19 | 466988 | 0.340 |
6 | 187556 | 0.335 |
10 | 248142 | 0.330 |
5 | 62579 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 42914 | 2 |
0.360 | 40500 | 4 |
0.365 | 34200 | 3 |
0.370 | 123500 | 3 |
0.375 | 25000 | 2 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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