If you include the raising capital the MC has fallen some $189M since mid May (47%) .. in that time we have also had a 125MT resource upgrade, significant positive political sway on rail access and banked a $112.5M raising.
Looks like the market believes that BRM ore will remain in the ground for a very, very, long time .. maybe another 100 million years. I can only base my judgements on the facts that I know... and since 14th May the facts have only improved.
A 47% fall in the absence of anything fundemental is a big shift in sentiment.. it now needs to give the market something to warrant an 87.5% gain .. just to get back to where it was a short few weeks ago.
- Forums
- ASX - By Stock
- BRM
- mc fall
mc fall
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online