A rally to 70c would be awesome however there is no reason for this to occur. The oversupply issue for IO still exists, Gina's mine about to come into play as well and with Oil up so are costs for miners. BCI is in a good position to weather the storm but I think this is just a break in the weather for IO stocks. A sustained improvement in China over the next quarter will be what the industry needs to support a rising IO price. AIMO of course!
Where's the rally, page-5
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $692.3M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 24.0¢ | $26.15K | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 409094 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 45000 | 1 |
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| Last trade - 15.39pm 09/08/2024 (20 minute delay) ? |
| BCI (ASX) Chart |