BCB 7.69% 5.6¢ bowen coking coal limited

I don't think $1.50 is a chance......that would mean a rough...

  1. 4,106 Posts.
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    I don't think $1.50 is a chance......that would mean a rough market cap at $1.4 Billion. From the figures I can find, the highest market cap SMR went to was $365 million.

    https://hotcopper.com.au/data/attachments/2746/2746753-e2dafdf7a3d6001946f9ad097e2554eb.jpg
    So if we use SMR as a guide, around 30-40 cents is achievable assuming no more shares are issued and coal demand goes bonkers.

    Anyway, lets make it to 10c first.....
 
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