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Bowen Coking Coal Ltd ( (AU:BCB) ) has shared an update.
Bowen Coking Coal Limited has entered voluntary administration and appointed receivers, impacting its financial reporting obligations. The company will defer its financial reporting and annual general meeting requirements under Australian law, extending the deferral period potentially up to 24 months. This move aligns with the suspension of its securities from trading, ensuring no uninformed trading occurs.
The most recent analyst rating on (AU:BCB) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Bowen Coking Coal Ltd stock, see the AU:BCB Stock Forecast page.
More about Bowen Coking Coal Ltd
Bowen Coking Coal Limited operates in the coal industry, focusing on the production and marketing of coking coal, a key ingredient in steel manufacturing. The company is involved in several subsidiaries, including Bowen PCI Pty Ltd and New Lenton Coal Pty Ltd, indicating a diversified approach within the coal sector.
Average Trading Volume: 821,272
Technical Sentiment Signal: Sell
Current Market Cap: A$8.08M
Learn more about BCB stock on TipRanks’ Stock Analysis page.