I believe the selling has occurred because of iron ore sentiment. Goldman Sachs, RIO and a China analyst called David someone (forget off the top of my head) issuing statements including price forecasts about iron ore that indicate only those with low costs and low debt will survive going through to 2018.
The quarterly coming needs to be comprehensive in my opinion, going beyond what would normally be announced and incorporating commentary on margins (transparent and complete to give us punters an understanding of ability to continue dividends and debt repayments), prices being received from Heng Hou and any new clients for the extra ore capacity we now have and what prices they may be paying us, cost reduction strategies etc
The new mantra seems to be all about costs and BCI will be no different.
I remain confident but would like to be reassured.
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I believe the selling has occurred because of iron ore...
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $894.2M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.0¢ | $232.4K | 756.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 89986 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 4996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 89986 | 0.305 |
10 | 173459 | 0.300 |
8 | 112157 | 0.295 |
14 | 242249 | 0.290 |
13 | 134389 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 4996 | 1 |
0.315 | 277023 | 8 |
0.320 | 823774 | 14 |
0.325 | 95000 | 3 |
0.330 | 33441 | 3 |
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