I also understand yesterday's run up in IO stocks was partly attributable to the purchase of Canadian IO company Consolidated Thompson for US$4.9bn by Cleveland Cliffs (which assumes US$613/t given the plan for Consolidated is to ramp up to 8mt). It is clear miners and steel producers are willing to pay huge multiples to secure longer term IO supplies.
What would that make BCI worth you think?
I also understand yesterday's run up in IO stocks was partly...
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $721.1M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 24.5¢ | $62.32K | 247.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12267 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 509053 | 5 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| BCI (ASX) Chart |