Couldn't agree more!
BSM has good fundamentals and seems a bit underpriced at a market cap yesterday of $16m, considering they have:
- Cash of $4,430,000 and have hardly burnt any over the past FY.
- A hedged operating cash flow
- An active exploration program and stream of announcements (is there anyone with the expertise to crunch the numbers coming out of their announcements and put a value on their reserves?)
I thought that BSM may have bottomed in that band of around 21 to 25 cents, however the market weakness since then has probably taken us lower.
Anyway I continue to hold my very small parcel and hope that the value equation here will consolidate further and possibly take us back up to its highs of over 50c!
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Last
5.0¢ |
Change
-0.004(7.41%) |
Mkt cap ! $12.03M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.5¢ | $6.166K | 126.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 8255 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.046 |
1 | 50000 | 0.045 |
1 | 100000 | 0.044 |
1 | 232441 | 0.043 |
2 | 27500 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 8255 | 1 |
0.054 | 2500 | 1 |
0.065 | 113662 | 2 |
0.067 | 20000 | 1 |
0.069 | 54638 | 1 |
Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
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