Disappointing but expected.
I did cull half my position at 81 cents today (didn't think it would run to 85cents intraday).
Anyhow, fundamentally, BMN is clearly undervalued (assuming the current Uranium prices; let's not go into projected Uranium prices in the future).
Happy to see EXT (I have a position as well) pulling up but for BMN to be making a loss on the back of such news makes only one thing evident; many day traders were involved in the transactions for the last few days - probably should have been a sign that some news was imminent.
Disclosure: Have a position on the buy side at the moment so DYOR.
p/s like to here the thoughts about the quality of the uranium (grade); 195 -259 ppm isn't outstanding in my opinion.
insider trading, page-9
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.60 |
Change
-0.390(13.0%) |
Mkt cap ! $457.0M | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.79 | $2.55 | $3.706M | 1.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6567 | $2.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 7988 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |