The numbers . . .tell the story...
Answer: $1.44 (or, to be exact $1.4436)
Question: What is the "average" closing price for BNC sp over the two month period since the 20 million share offering was announced on November 22?
Answer: 36 days
Question: Since November 22, what were the number of days BNC closed within a range of $1.40 to $1.50 inclusive? (note: total trading days: 42)
Answer: No
Question: Did BNC sp simply rise and fall in unison with the broader TSX market tide? (note: TSX had a lengthy pre XMas rally)
A frustrating two month period for BNC investors. And, this doesn't factor in the loss of momentum from
Oct. 18 when BNC sp hit $1.94/day high / $1.83/close. Now, to be fair, the gain over the past year has been no less than stellar even at Friday's $1.44 close. But, it also hurts to remember further back than a year.
Looking forward to updates/news, PhIIIa results and milestones! And, a revitalized upward projection of the BNC sp (with the energy of a compressed spring being released). Hopefully starting when the Ozzies come on board this week and both markets recognizing (reflecting in a higher sp) BNC's pipeline, revenue and very strong balance sheet with lots of $cash. Some advertising & promotion would be timely too (with the news).
rg (long & deep on BNC) | Date | Close | Volume |
| Jan 21, 2011 | 1.44 | 178,000 |
| Jan 20, 2011 | 1.41 | 219,200 |
| Jan 19, 2011 | 1.41 | 26,400 |
| Jan 18, 2011 | 1.38 | 86,800 |
| Jan 17, 2011 | 1.36 | 83,400 |
| Jan 14, 2011 | 1.36 | 162,100 |
| Jan 13, 2011 | 1.40 | 62,100 |
| Jan 12, 2011 | 1.41 | 90,000 |
| Jan 11, 2011 | 1.41 | 78,700 |
| Jan 10, 2011 | 1.44 | 39,300 |
| Jan 7, 2011 | 1.42 | 135,900 |
| Jan 6, 2011 | 1.45 | 46,300 |
| Jan 5, 2011 | 1.47 | 66,500 |
| Jan 4, 2011 | 1.48 | 119,900 |
| Dec 31, 2010 | 1.50 | 14,700 |
| Dec 30, 2010 | 1.46 | 31,300 |
| Dec 29, 2010 | 1.49 | 48,600 |
| Dec 24, 2010 | 1.52 | 6,200 |
| Dec 23, 2010 | 1.51 | 62,300 |
| Dec 22, 2010 | 1.49 | 122,500 |
| Dec 21, 2010 | 1.44 | 26,700 |
| Dec 20, 2010 | 1.40 | 113,600 |
| Dec 17, 2010 | 1.44 | 193,700 |
| Dec 16, 2010 | 1.44 | 176,500 |
| Dec 15, 2010 | 1.44 | 133,200 |
| Dec 14, 2010 | 1.45 | 159,700 |
| Dec 13, 2010 | 1.44 | 139,700 |
| Dec 10, 2010 | 1.48 | 254,000 |
| Dec 9, 2010 | 1.48 | 493,000 |
| Dec 8, 2010 | 1.45 | 53,300 |
| Dec 7, 2010 | 1.45 | 71,800 |
| Dec 6, 2010 | 1.44 | 94,500 |
| Dec 3, 2010 | 1.40 | 78,700 |
| Dec 2, 2010 | 1.47 | 111,200 |
| Dec 1, 2010 | 1.50 | 98,200 |
| Nov 30, 2010 | 1.47 | 183,100 |
| Nov 29, 2010 | 1.38 | 50,700 |
| Nov 26, 2010 | 1.42 | 172,600 |
| Nov 25, 2010 | 1.40 | 235,600 |
| Nov 24, 2010 | 1.44 | 121,800 |
| Nov 23, 2010 | 1.49 | 126,100 |
| Nov 22, 2010 | 1.50 | 380,200 |