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
35.3¢ |
Change
-0.003(0.70%) |
Mkt cap ! $1.017B |
Open | High | Low | Value | Volume |
35.5¢ | 36.0¢ | 35.0¢ | $725.3K | 2.051M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 314 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 98925 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 314 | 0.350 |
9 | 903805 | 0.345 |
20 | 325371 | 0.340 |
6 | 187556 | 0.335 |
10 | 248142 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 98925 | 8 |
0.360 | 44355 | 6 |
0.365 | 36411 | 4 |
0.370 | 123500 | 3 |
0.375 | 25000 | 2 |
Last trade - 14.59pm 16/07/2025 (20 minute delay) ? |
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