Alphonsus
The stock market is really the MOST inefficient system on the planet for determining true value ... dont let anyone ever tell you anything different.
Take poor GBE as an example .. one of my favorite stocks ... has a world-class multi-element deposit that is in advanced stage with off-takes in place, and last week still on a $10m market cap .. ridiculous!! It is being re-rated as we speak.
Your example of the patience required by EXT holders is another good example. BMN holders will experience the same.
It a case of the tortoise & the hare! Once BMN was the fast running hare ... but we have morphed into the slow, unloved tortoise that has gone under the radar .... its time will come.
:)
all at sea ?, page-2
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Last
$3.30 |
Change
-0.170(4.90%) |
Mkt cap ! $589.4M | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.42 | $3.29 | $1.679M | 503.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1784 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |