BCB 5.88% 6.4¢ bowen coking coal limited

Ann: Change of Director's Interest Notice x 2, page-16

  1. 3,496 Posts.
    lightbulb Created with Sketch. 1040
    @floki, @Kiwiboy00, @Stonemad101, @lumpsum, @MH91, @grubarura, and a longshot if your interested here mate @Bitcoinkid

    This came up on my radar today, there’s a lot of potential here.. we all know what’s happening with argy bargy geopolitcal issues but that may be short lived.. The ground being drilled here is in a very favourable area..

    Plus directors buying on market and executing options, although about to expire but that’s a fair bit of dough to inject into the coffers.. pretty lean capital structure comparatively, recent raise and cash in the bank..

    I also followed stanmore for some time, whilst leaning the trade.. The non executive director who converted knows a thing or two about building value and forging international relationships.. I trust him being on the board..

    The sumitomo jv I feel derisks some of those geopolitical issues to an extent..

    The TA is a bit poor though at the moment, downtrend started in mid November but too be expected.. it’s probably been a little bit unfair on the share price really, but I think you’ll see a supported reversal of the trend in about 5-6 weeks..

    I’m not 100% sure if we’ve seen the bottom here yet.. but I’d say it’s close..

    I’ll be looking for an entry shortly and holding a little longer term I think..

 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
-0.004(5.88%)
Mkt cap ! $182.2M
Open High Low Value Volume
6.7¢ 6.7¢ 6.1¢ $276.5K 4.342M

Buyers (Bids)

No. Vol. Price($)
3 459498 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 59819 4
View Market Depth
Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
6.4¢
  Change
-0.004 ( 7.25 %)
Open High Low Volume
6.7¢ 6.7¢ 6.1¢ 1041150
Last updated 15.59pm 30/05/2024 ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.