Absolutely. They have done remarkably well since listing and there is solid technical support in the high 30s (39+) so at these prices BFC is still undervalued considering $35m cash reserves, no debt and established distribution channels.
If we're honest, BFCs recent SP action up to two weeks ago was caught up in the 'milk2china' hype - 63c was overpriced. I wish I sold but happy to top up at these prices again.
Is the pessimism justifed...no!, page-4
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $5.991M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $21.93K | 8.942M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 48689285 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8293656 | 21 |
View Market Depth
| Last trade - 15.57pm 28/06/2024 (20 minute delay) ? |
| BFC (ASX) Chart |