Even though I'm not holding any BCI, I still follow faithfully.
I saw a report on news.com.au that grouped BCI with Atlas & Arrium as miners whose cost is higher than $80
http://www.news.com.au/finance/busi...s-tipped-to-fall/story-e6frfkur-1227069064543
I always thought BCI's cost was around the $50/$60 - have I missed something?
News.com.au also hinted that FMG might hit troubled waters with their costs estimated to be around $77.
If Twiggy is desperate for cash, he might just offer BCI the last 25%.
Under the circumstances, I was thinking that it might be better for BCI to pass on the offer and rather hold onto its cash for the predicted 5 lean years ahead.
I have been thinking of buying back in since $2.50 but the more I put it off, the more I am rewarded - a vicious circle but sooner or later I hope to be able to change my status to "Hold" and join the BCI family again)
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Production costs > $80?
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
25.0¢ | 50173 | 3 |
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5 | 143333 | 0.240 |
11 | 254805 | 0.235 |
16 | 186207 | 0.230 |
5 | 219970 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 50173 | 3 |
0.255 | 293988 | 4 |
0.260 | 111765 | 4 |
0.265 | 40000 | 1 |
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