trying to figure out BCN's next move. I could speculate all day as to what is going on but instead am topping up on a small basis and will probably do so again. I have no idea where BCN funding will come from, but then again I doubt the sellers have either. My thinking is the lithium is still there so price looks cheap and will eventually retrace. Just hope we don't get a cheeky takeover bid. GLA
I think there were some shorts on the way down plus a lot of nervous sellers sold out, so looks like the remaining holders are sticky LTHs and that could make it difficult for anyone trying to buy back their shorts or buy in cheap. Any sign of good news and this will take off.
try and drop the price, but with a wide spread, to sucker a few nervous investors and then I expect some hoovering up of cheap stocks by canny investors
It is expected that Admission of the Placing Shares will occur at or before 8.00 a.m. (London time) on 23 July 2018 (or such later time and/or date as the Bookrunner may agree with the Company) and that dealings in the Placing Shares will commence at that time.