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($) | Vol. | No. |
---|---|---|
9.6¢ | 81299 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49999 | 0.092 |
1 | 11494 | 0.087 |
2 | 150000 | 0.085 |
1 | 11500 | 0.084 |
2 | 65000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 81299 | 2 |
0.099 | 63405 | 2 |
0.100 | 7754 | 2 |
0.105 | 79800 | 3 |
0.110 | 555422 | 7 |
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