Hi Phantom, it could go lower - it’s very difficult to say. 25c...

Hi Phantom, it could go lower - it’s very difficult to say. 25c is support and also the CR price so that’s my first ST target, but volume has been terribly weak lately so a really bad on the market could really wipe through the buy depth and we could see low 20s. I don’t think anyone can predict anything with certainty though otherwise I’d be retired already.

Of course this could also represent an amazing buying opportunity but that requires BCC to come to the table with better disclosure. That will certainly happen but the ‘when’ is unknown so I don’t blame investors cautious in allocating more funds to something that is stagnant despite a great product and a bright future.

Personally I think BCC will disclose substantially more at the full year results in August. That should be a key catalyst IMO.

In the meantime we have the quarterly at the end of this month and likely various new distribution and new market announcements which should be positive. Timing unknown on those.

It’s very easy to make a compelling case that the SP will be materially higher in 12+ months - I’ve tried to do this in a few previous posts while also recognising that we could go lower in the very ST.

Hopefully we all do well and perhaps in 12 months we can look back at these posts and wished we showed more conviction and bought at these levels. GLTAH