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5.00%

3.8¢ black rock mining limited

50,000 tpa MOU to supply for spherical graphite, page-10

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ddzx

28,706 Posts.

237

06/06/17

05:57

Post #: 25113240
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Originally posted by ddzx ↑

not much buying action & maybe some brokers are trying to keep the price down but BKT still have three more months in both cash & time to make a big announcement to move the share price up

if there is not a significant announcement in the near term, Copulos holds 25% and Gashmere holds 8%

possibly, if the share price stays low, BKT may do a pro-rata share purchase plan

if they raise $5M, Copulos would chip in $1.25M and Gashmere $400K plus take any shortfall

why would BKT give away shares to loose hands at 7.5 cents?

the last time BKT raised capital to insto clients only, it was at 15 cents and those loose hands like Macquarie took a 50% loss for the clients to invest in MNS's battery project

personally, i prefer BKT for upside and still personally remain confident BKT will deliver quality

.............

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BKT has 364,734,697 shares on issue

a 1 for 6 SPP at 7.5 cents will raise $4.5M

a 1 for 6 SPP at 8.0 cents will raise $4.8M

a 1 for 5 SPP at 7.5 cents will raise $5.5M

a 1 for 5 SPP at 7.5 cents will raise $5.8M

if the share price remains low, i think Copulos & BKT will think about doing a SPP

..........

BKT Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.8¢		Change -0.002(5.00%)		Mkt cap ! $66.35M

Open	High	Low	Value	Volume
3.8¢	4.0¢	3.8¢	$20.91K	546.9K

Buyers (Bids)

No.	Vol.	Price($)
2	60755	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	105584	1

View Market Depth

No.	Vol.	Price($)
1	719300	0.052
3	881483	0.051
6	309803	0.050
1	1800	0.048
1	11111	0.045

Price($)	Vol.	No.
0.053	142417	1
0.055	150000	1
0.057	172700	2
0.059	250000	1
0.060	100000	1

Last trade - 15.54pm 02/12/2024 (20 minute delay)

BKT (ASX) Chart