BCB 2.17% 4.7¢ bowen coking coal limited

BCB is a long term play. The complete absence of PR and/or...

  1. 2,554 Posts.
    lightbulb Created with Sketch. 109
    BCB is a long term play. The complete absence of PR and/or marketing by the company indicates they are ambivalent towards their share price. If you are looking for a stock to trade, BCB is not a good choice. However, if you want a solid investment in a steel making commodity, it should be at the top of your list. Throw the share certificate in the bottom drawer and come back in 2021.

    Infrastructure projects (think steel) are historically No. 1 in the economic bag of tricks used by countries to stimulate growth. Reason being most of the $ is spent domestically (think jobs for local population) on bridges, train lines, roads, ports etc which all assist in long term economic growth. Post Covid the entire world will need stimulating and unless somebody invents a plastic which can replace steel the demand for iron ore and coking coal will be unprecedented.
 
watchlist Created with Sketch. Add BCB (ASX) to my watchlist
(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $133.6M
Open High Low Value Volume
4.7¢ 4.9¢ 4.7¢ $10.15K 211.6K

Buyers (Bids)

No. Vol. Price($)
2 859535 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 141349 1
View Market Depth
Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
4.9¢
  Change
0.001 ( 6.52 %)
Open High Low Volume
4.8¢ 4.9¢ 4.8¢ 4591
Last updated 15.59pm 25/04/2024 ?
BCB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.