I remember that every other exploration announcement or results announcement before this time (over the last 5 years) would see a sharp rise then an inevitable pull back. A lot, even myself, would then comment on the "leaky boat" theory or someone knows something etc. This could be good or bad news.
It amazes me that it really has not done that this time either way. No one knows anything however +6M shares changed hands today and all got eaten up.
This happened to a bio stock I owned, stagnant like this then bang, price flys and then not long after a takeover offer! I'm not saying takeover offer is in the wind but just the mention of drill results should see some day traders trade on rumour causing a nice little price increase and then sell the fact.
BCN SP is not behaving like it has for years, any thoughts?
Exploration Update, page-63
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.67M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $27.39K | 1.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 496127 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 268700 | 2 |
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| Last trade - 14.06pm 16/05/2024 (20 minute delay) ? |
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Last
2.7¢ |
Change
0.000 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.5¢ | 425898 | ||
| Last updated 14.42pm 16/05/2024 ? | |||||
| BCN (ASX) Chart |