BCN 3.45% 2.8¢ beacon minerals limited

Watching the trades fairly closely showed the big seller...

  1. 214 Posts.
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    Watching the trades fairly closely showed the big seller (capper) pouncing every time there was a mill or more in the buy lines.

    For a while the quotes were a happy 2.4 2.5 but then 2.4 line was taken out in an instant, leaving us at 2.3 2.4 with the big seller sitting there at 2.4 with a million & 750k to sell.

    What buyer is going to come in when there's that sort of an overhang? Any seller has to sell at 2.3.

    We need a fundamental shift in buyer optimism - announcement of a mid year divi and/or a buyback could do the trick .....

    The Argonaut research report was very good - just need the right people to read it !

    At least the gold price is still doing the right thing!

    Cheers !
 
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Mkt cap ! $105.1M
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2.9¢ 2.9¢ 2.8¢ $6.026K 211.5K

Buyers (Bids)

No. Vol. Price($)
14 3031655 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 563524 2
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Last trade - 16.10pm 09/05/2024 (20 minute delay) ?
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Last updated 15.23pm 09/05/2024 ?
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