BSX 6.06% 3.1¢ blackstone minerals limited

Sleeping Beauty ASX BSX, page-1746

  1. 543 Posts.
    lightbulb Created with Sketch. 177
    How ridiculous!

    If you think it would be hard for BSX to raise capital why on earth would you invest in the business. Are you saying the company is currently overvalued? That's the only reason it wouldn't get investment in the future...

    Furthermore, saying that sub $100M MC companies don't get funded is also ridiculous... I can show you PLENTY of examples of companies well below $100M raising capital, it's not that difficult IF the company has tremendous upside potential, which I'm assuming you believe BSX has since you hold the stock.

    A recent company I am invested in received $40M in offers (only wanted $10M) during a CR which was their entire market cap... CRs are all about either survival (sure, a big discount like WEB's CR is needed) or about accelerating its potential...

    I don't think BSX was needing funds for survival, do you?
    Last edited by mercsman: 24/09/20
 
watchlist Created with Sketch. Add BSX (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
-0.002(6.06%)
Mkt cap ! $17.36M
Open High Low Value Volume
3.3¢ 3.4¢ 3.0¢ $8.536K 260.3K

Buyers (Bids)

No. Vol. Price($)
5 211276 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 8904 1
View Market Depth
Last trade - 15.57pm 06/08/2024 (20 minute delay) ?
BSX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.