I think that the last big step(from $2.50 to over $4) in the SP was due to a combination 3 things:
Higher IO price
BCI buying an extra 25%
More liquidity after Regent's exit
I believe the next big step up will come when BCI announces the exact size & quality of the resource - with a plan on what to do (or can be done) with the vast lower grade ore reserves.
This ann should come in either the Mar or Jun report.
_____
In the meantime it looks like the SP will just fluctuate with the general IO sentiment - along with BHP, RIO & FMG.
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $908.9M |
Open | High | Low | Value | Volume |
32.0¢ | 32.3¢ | 31.3¢ | $113.8K | 358.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 395101 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 20706 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 395101 | 0.310 |
8 | 70225 | 0.305 |
20 | 232426 | 0.300 |
3 | 81000 | 0.295 |
12 | 260275 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 20706 | 1 |
0.320 | 159612 | 6 |
0.325 | 92231 | 3 |
0.330 | 71630 | 4 |
0.335 | 28256 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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