It will fly high.The seasons are many but history is a great teacher
1-Reason price went to 18 cents was because of the massive coal seams -nothing has changed here.
2- Price drifted lower because of market conditions but mostly no announcement about when coal fields could be bought
3- Price drifted lower because of fear of not getting money to buy fields.Volume was low .Only the fearful sold
4-Money is now in ,fear is gone they have the money and the fields with the massive coal seams
5- People who got in at 2.5 cents will not sell as they are only averaging down.Price has to be a lot higher for then to make profit
6- When coal is drilled price will rise greatly.People will be silly to sell before this
7-Potential for company to be brought by larger company -hun
my prediction $1.60
It will fly high.The seasons are many but history is a great...
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Last
$1.40 |
Change
-0.035(2.44%) |
Mkt cap ! $1.648B | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.47 | $1.37 | $30.89M | 21.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17070 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 142790 | 6 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |