"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. |
---|---|---|
$2.81 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 366 | 2.730 |
1 | 183 | 2.720 |
4 | 6368 | 2.700 |
1 | 1000 | 2.680 |
5 | 2484 | 2.650 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 2000 | 1 |
2.870 | 10000 | 1 |
2.880 | 3500 | 2 |
2.920 | 4000 | 1 |
2.980 | 1677 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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BMN (ASX) Chart |