Nicely said Tibbs.
As you say, on any metric you look at, BMN is undervalued in comparison to most U stocks. Does the "market" have most stocks incorrectly valued or is BMN undervalued and the others correcly valued?
Strange beast the "market" is it not?
The trouble is the "market" can be very slow to recognise what the correct "value" to assign a stock. So slow in fact we lose sight of our reasons for holding a stock.
Me, i`m happy to wait a while and see what unfolds...
p.s. nice finish for the week though!
valuation, page-34
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.26 |
Change
-0.040(1.74%) |
Mkt cap ! $403.6M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.32 | $2.26 | $161.8K | 70.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1842 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 5197 | 9 |
View Market Depth
| Last trade - 11.00am 02/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |