Black CAT (BC8) is held by 14 ASX ETFs. Over the last year it fell 49.5%: on $10,000, −$4948. We explain 11 big moves in that time.
About BC8
- SectorMaterials
- IndustryMaterials
- Size$506.6m
- Held by14 ETFs
- Big moves11 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −17.5%30 Sep 2026· Guidance Down
BC8 fell sharply after releasing its annual mineral resource statement, discovery strategy update, and FY27 guidance, which appear to have disappointed the market.
- −7.1%7 Sep 2026· Operational
Black Cat Syndicate shares fell after resuming trade following a management update announcement that disappointed the market, with the move compounded by a director appointment that failed to inspire confidence.
- +9.8%13 Jun 2026· Analyst
A stock analysis article highlighting Black Cat Syndicate's new phase of gold production growth on the event date likely drove the share price up.
- −13.3%11 Jun 2026· Unknown
No direct news explains the -13.27% drop; likely market or sector-driven move with limited coverage.
- −9.8%23 Apr 2026· Sector Flow
Black Cat Syndicate shares fell amid a broad ASX market decline on April 23, 2026, with no company-specific negative news.
- +16.7%9 Apr 2026· Unknown
Insufficient evidence to determine the cause of the abnormal stock price movement.
- −11.8%23 Mar 2026· Unknown
No specific cause identified; the stock's drop appears unrelated to the limited news coverage.
- −11.2%19 Mar 2026· Unknown
The stock declined by 11.21% on March 18, 2026, but the available news articles are generic and do not explain the specific drop, suggesting an unknown cause.
- −10.3%30 Jan 2026· Sector Flow
No specific company news found; the decline likely follows broad sector weakness in ASX gold miners despite rising gold prices.
- −11.1%28 Oct 2025· Capital Raise
The stock dropped 11.06% on the day of an options exercise announcement, suggesting likely dilution from newly issued shares.
- −8.9%22 Oct 2025· Unknown
No specific cause identified due to absence of news or announcements.
Held by 14 ETFs
Of every $10,000 in each fund, how much is in BC8 today.
- MVSVanEck Small Companies Masters ETF$1621.62%
- SMLLBetaShares Australian Small Companies Select ETF$580.58%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$220.22%
- ISOiShares S&P/ASX Small Ordinaries ETF$220.22%
- VETHVanguard Ethically Conscious Australian Shares ETF$5.480.05%
- VISMVanguard MSCI International Small Companies Index ETF$3.170.03%
- VASVanguard Australian Shares Index ETF$2.710.03%
- A300Global X Australia 300 ETF$2.300.02%
- VEQVanguard FTSE Europe Shares ETF$2.150.02%
- VEUVanguard All-World ex-US Shares Index ETF$0.840.01%
Why did BC8 fall 11.1% on 28 Oct 2025?
Black CAT
The stock dropped 11.06% on the day of an options exercise announcement, suggesting likely dilution from newly issued shares.
The only news on the price move date is an ASX announcement about the exercise of options, which typically leads to the issuance of new shares and can dilute existing shareholders. The magnitude and volume are notable but the announcement alone doesn't confirm a major capital raise; however, options exercises are a form of dilution and commonly associated with downward price pressure. Confidence is moderate because the specific details and scale of the exercise are not disclosed in the headline/snippet.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 14 ETFs holding BC8
On $10,000 in each fund, at the weight it holds today
- MVS1.62% of the fund−$18
- SMLL0.58% of the fund−$6
- SSO0.22% of the fund−$2
- ISO0.22% of the fund−$2
- VETH0.05% of the fund−$1
- VISM0.03% of the fund−$0
- VAS0.03% of the fund−$0
- A3000.02% of the fund−$0
- VEQ0.02% of the fund−$0
- VEU0.01% of the fund−$0
The 10 that hold it most. All 14 are listed on the page under Held by.