BCN 0.00% 2.2¢ beacon minerals limited

pre open, page-42

  1. 430 Posts.
    Guys , there been a couple dumpers today who have moved on to chase other oportunities , but thats all .

    the sellers are holding for there prices as they can see the value in this stock at these levels and the buyers are nibbling away as they can see future value at these levels. As I type 1.9 has just been loaded up again

    imo This things likely going to range from 1.7c to 2.1c's over the next couple of weeks as people acumulate and wait for news. JORC , next drilling program , etc etc

    1.7 has shown to be a strong support level so as long as that holds there shouldnt imo be any panic dumping as most of the volume went through under 1.6c's ( the smart money from those in the know.. ) and therefore most are still ahead and are waiting

    Funding will be an issue but Imo It doesnt make sense for the Coy to go for cap raising at these levels and it is in there interest to bolster the Sp with a good first up resource upgrade and another program of hopefully high grade drilling and then take a let see how the books look approach

    I see a positive next few months for bcn and if you can tuff it out through the normal sp pullbacks (a la the sell news brigade ) you should all do allright .

    ALL IMO DYOR ...
    Definately not a financial adviser ...

 
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Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $92.98M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $10.46K 475.7K

Buyers (Bids)

No. Vol. Price($)
4 2784486 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 919943 4
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Last trade - 11.48am 08/11/2024 (20 minute delay) ?
BCN (ASX) Chart
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