BMN 1.61% $3.05 bannerman energy ltd

being mercilessly screwed down, page-6

  1. 12,454 Posts.
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    Rager

    You mention my call at $1.10 .... Actually, I have been "bullishly" calling & buying BMN ferociously since 60 cents .... that is, from 60 cents DOWN to 22 cents!!!! And then all they up since then. The dips and ebbs in between have been many. Who can pick the bottom? Lucky if you did then, and luck if you can now.

    I have taken profits from a few positions over recent days, and have been buying into this seller/capper, call it what you want. My average buy in this time is 1.07 .... am I concerned that I am down on this? Not one sprigget! Smart thinking is to take a position in BMN now, and then wait to see the direction & then accumulate on dips. Being down a few cents, but having a solid position when the real move upward, is the way to go.

    Despite BMN being pushed down from recent highs, I am up quite a few hundred thousand dollars on my overall BMN position. So this pressure makes me sweat not! But then, I am greedy, and would like to see it where it should be ... looking at the likes of MRU with a MC of $240m, and only 39moz of U at average grades, makes me smile. The current BMN share price is dirt cheap!!

    I know where BMN share price should be, and I know where it will be in months to come. In the meantime, the way we play the "game" NOW will determine who makes the real money.

    All the best though with your strategies
 
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Last
$3.05
Change
-0.050(1.61%)
Mkt cap ! $536.1M
Open High Low Value Volume
$3.11 $3.12 $3.02 $1.186M 388.4K

Buyers (Bids)

No. Vol. Price($)
1 3212 $3.05
 

Sellers (Offers)

Price($) Vol. No.
$3.07 5000 1
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Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
BMN (ASX) Chart
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