BML 6.98% 9.2¢ boab metals limited

WSB/potentIal PM sQuEEze, page-411

  1. 9,811 Posts.
    lightbulb Created with Sketch. 3495
    imo you are all correct to a degree.

    its cheap on value basis - but you only get value priced into an sp once it hits production

    its underperformed the silver peer group comprehensively - so any trader has to look at that.

    traders set daily price because they price spot momentum - value/dcf buyers are basically smart but stingy and look to buy weakness

    there is an increasing background bid coming for lead stocks judging by g1a - which may increase the more talk there is of commodity supercycle 2. though hard to tell how BML's 3.3% trades vs an 8% lead play.

    and behind that - is there a monty ripper soon to drop and trading money is getting the old ropeadope?

    It would be unusual to do a 25:1 consolidation without having a major news drop lined up for shortly after

    id be doubtful many voted for the consol expecting this long a delay before it dropped - and that would also be a factor














 
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Last
9.2¢
Change
0.006(6.98%)
Mkt cap ! $21.47M
Open High Low Value Volume
9.0¢ 9.6¢ 9.0¢ $29.77K 317.6K

Buyers (Bids)

No. Vol. Price($)
2 66385 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 81299 2
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Last trade - 15.28pm 13/09/2024 (20 minute delay) ?
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