As I see it, BCI must come up with convincing future plans to get the share price up.
A good start would be the mine life extension of a few years.
With the current mine life and likely dividend payouts for that period, it does not really add up, from a shareholder point of view, as a good investment. That is reflected in the low share price and ridiculous low p/e ratio.
BCI will soon have a quarter of a billion dollars cash in the bank and not much debt. A core of very good management at Board and executive level. It is good they are awaiting their time to strike and I am confident that when they do it might be good.
What I want is mine life details soon and then, in due course, a sound venture outside of Nullagine.
As I see it, BCI must come up with convincing future plans to...
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Last
24.5¢ |
Change
0.005(2.08%) |
Mkt cap ! $706.7M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $198.5K | 812.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44912 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 377190 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| BCI (ASX) Chart |