Exactly D, and a little help in the right part of the cycle doesn't hurt. If you plot up the XMJ materials index over the last 5 to 10 years it clearly shows a major bottom in Feb 2016. Going on previous up legs and down legs we have another 12 months minimum on this up leg and if it's the last part of the run up its where the gains are to be made.
Money tends to flow to the smaller end of town at the late part of the commodities upswing and can get some crazy returns.
Here's to BC8 timing their resources upgrades to that late part of the up cycle. Sure looks good atm.
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Might be time to take a look.., page-30
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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($) | Vol. | No. |
---|---|---|
63.0¢ | 22474 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37469 | 0.385 |
1 | 14849 | 0.380 |
2 | 58500 | 0.375 |
3 | 107783 | 0.370 |
4 | 186557 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 108730 | 2 |
0.395 | 178353 | 4 |
0.400 | 608864 | 10 |
0.410 | 210000 | 2 |
0.415 | 20000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
BC8 (ASX) Chart |