bc8 is now capped at zip. It still has over $3m cash and is well on its way to a first resource by years end.
The enterprise value on this is pennies and for a well advanced explorer, this is extremely cheap at these levels.I think the selling is capitulation and unrelated to the asset. The company remains well funded and drilling into an ongoing high grade, near surface ore body. Think the current valuation is way off the mark. Dyor.
Ann: First Drilling at Boundary Highlights Potential of Corridor, page-4
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Last
63.0¢ |
Change
0.020(3.28%) |
Mkt cap ! $161.9M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 63.5¢ | 60.5¢ | $3.093M | 4.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 41223 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 22474 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |
