BCI still is cash flow positive and profitable. from what I can see.
If iron ore drops it may temporily be under water.
If it continues to drop the other companies will eventually be in same situation until the ore price rises, which it will do.
How is goodwill, quality ore, infrastructure and port proximity worthless unless the world needs no industry in the future.
I would think this stock is an absolute bargin.
How many percentage will drop?, page-97
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Last
30.5¢ |
Change
-0.005(1.61%) |
Mkt cap ! $879.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.5¢ | $88.99K | 287.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128532 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 40000 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BCI (ASX) Chart |