BMN 0.37% $2.74 bannerman energy ltd

good news for bannerman, page-22

  1. 12,454 Posts.
    lightbulb Created with Sketch. 265
    "Unless Tibbs and Chris and other long term holders are taking profits, anyone else must be selling at a loss"

    :)

    Rest assured RH, I sell not!

    In fact I bought 20k more last week. At the moment I have to cough up over $100k to the taxman (spew) so I wont buy any more until
    a] I have paid my bills (spew again)
    b] BMN changes course.

    And change its course it will. The problem has been the weight of negative news since January 1 ... from the tanking DOW in the first week of Jan to the recent Opes scam .. even then the stupid Lift scare "encouraged" quite a few to sell.

    Many are sitting on losses & so sentiment is pretty dour with most U stocks, EXT wouuld be the exception I reckon.

    Everyone has to make their own decision on BMN, I know some of my friends have sold last week locking in a tax loss, and are re-buying at these prices. Others might move to other stocks. Some others are holding, and some are adding.

    I have made the decision to hold my core holdings till ALL the news is out, which for me means the rest of 2008:
    * Drilling completion of AA
    * Drilling results from other deposits
    * Completion of BFS
    * Go ahead to mine
    * Off-take agreements signed

    Then I will decide my next move.

    Disappointed at where we are now? For sure.
    Confident that BMN will be over double current prices in 12 months? Fore sure.

    I do know when BMN moves ... it moves VERY fast. Each day brings us closer to the critical news of the final JORC ... 100 mill/t at a good grade will be the catalyst the a BMN revival.

    cheers
 
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Last
$2.74
Change
0.010(0.37%)
Mkt cap ! $481.6M
Open High Low Value Volume
$2.73 $2.80 $2.70 $1.473M 534.9K

Buyers (Bids)

No. Vol. Price($)
2 416 $2.73
 

Sellers (Offers)

Price($) Vol. No.
$2.81 2500 1
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
BMN (ASX) Chart
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