BCI 1.92% 25.5¢ bci minerals limited

Certainly nice to see all that cash continue to flow in.However,...

  1. 1,579 Posts.
    lightbulb Created with Sketch. 10
    Certainly nice to see all that cash continue to flow in.

    However, the price action suggest to me that Mr Market thinks there is some reasonable chance (say 25%) that Iron Ore prices will head towards US$85.

    At that level, BCI would have trouble justifying a $500m cap. on marginal earnings at that price.
 
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Last
25.5¢
Change
-0.005(1.92%)
Mkt cap ! $735.5M
Open High Low Value Volume
26.0¢ 26.0¢ 25.0¢ $91.11K 354.1K

Buyers (Bids)

No. Vol. Price($)
3 200997 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 185944 4
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
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