BMN 1.27% $3.11 bannerman energy ltd

starting to look sensational, page-17

  1. 270 Posts.
    Following on from others comments regarding the current quarters drilling activity being already complete (with the probability of increased resources) ..... and the fact that the company itself had made statements about improving "investor relations" ..(see Tibbs lament about releasing only at set intervals rather than stand alone drill anny's)... and the fact that they've flagged that they will tap the market sometime in the 90 days following from April 16 for $30Mill at a 20% discount to the VWAP ...... it is fair to conclude IMHO.

    They will announce, hopefully have a string of, positive drills post April 16....... why announce that you're going to tap the market unless you're sure you've got something to induce new buyers/owners? I'm betting they've got the goods... the quality of the new heads just supports this view.

    I have not changed my sometimes blasphemous inanely persistent priggish boar(sic) views covered elsewhere on this ticker but I'll be a dissapointed holder if the raising post April 16 doesn't come to market above the current SP. If so and RCF takes part in the raising (gee I wonder if the BMN directors have already put it to them) then that would be another vote of confidence.
 
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Last
$3.11
Change
-0.040(1.27%)
Mkt cap ! $548.4M
Open High Low Value Volume
$3.17 $3.17 $3.10 $479.0K 153.5K

Buyers (Bids)

No. Vol. Price($)
15 30619 $3.10
 

Sellers (Offers)

Price($) Vol. No.
$3.11 21514 44
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Last trade - 12.09pm 17/07/2024 (20 minute delay) ?
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