I’ll give Ava some credit for sticking around while the share price has gone up over 15%. I guess he’s also prompted some chatter on these treads which isn’t a bad thing. I’ll add my bit as one who’s been here since Kwale construction.
From what I gather Ava is supposedly short for the following reasons:
-Uncertainty on whether Toliara will ever get approved
-Limited mine life at Kwale
-The vibe …
From my viewpoint I’ll stay long for the following reasons:
-Tight mineral sands market.
-Even the threat of stopping 145kt of production from Sierra Rutile could light a bomb under rutile prices - Kwale’s main money spinner.
-I think Toliara must go ahead at some point, even if it takes longer than expected. The resource is just too good to leave in the ground and would be a real help to Madagascar on many levels.
-Likely approval of exploration licenses near Kwale. Significant upside if more deposits are found.
-Well run company from construction right through to present.
There’s some pros and cons for sure, but I for one wouldn’t sleep too well shorting BSE.
- Forums
- ASX - By Stock
- Next Dividend 27082021
I’ll give Ava some credit for sticking around while the share...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSE (ASX) to my watchlist
|
|||||
Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $300.3M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.5¢ | $101.1K | 390.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 349371 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 360000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 274571 | 0.255 |
17 | 595167 | 0.250 |
3 | 63816 | 0.245 |
1 | 21906 | 0.240 |
1 | 20000 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 360000 | 1 |
0.265 | 22838 | 2 |
0.270 | 86517 | 4 |
0.275 | 687702 | 13 |
0.280 | 1307528 | 19 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
BSE (ASX) Chart |