BMN 5.50% $2.30 bannerman energy ltd

p b resigns immediately, page-47

  1. 3,731 Posts.
    Rtenn,

    I watched BMN's action everyday, try to get back into it, but cannot understand the continuous fall.

    It has underperformed EXT and DYL by a big margin. There must be something unique associated with BMN.

    At very beginning, I thought it is due to developer status because a lot of developers are worth close to nothing. But I thinking 80c should be the rock bottom. Well, I am wrong again. I should trust the chart. Chart tell me it is 60c bottom.

    The only thing unique to BMN is the Savanah. As I said, from the surface, it should be OK. But the dismiss of Alastair Clayton as the Chairman, and Peter Batten resign really smell a rat, together with ineffective explaination of the court case to public. There must be some deals which nobody want to touch it.

    I don't want to know anymore. I will just trust my chart, I will buy some if it fall to 60c range.
 
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