Yup - indeed!
This is a ridiculous grossly overdone reaction by a totally illogical market.
Given that there was no "buy the rumour" run up in price, it is hard to see this as the usual "sell the news" stuff.
Obviously, somebody IS snaffling BMN shares up at these low prices, but I have no idea why the selling pressure is so strong. I'm a pretty rational character usually, and while the old saying about the market always being right is generally taken as gospel, there are times when I really do wonder as to the sanity of sellers (and buyers in some of those huge upspikes that can occur on stocks).
Selling under pressure into a rapidly falling price is sheer madness. Or else it is being pushed down for reasons unknown.
- Forums
- ASX - By Stock
- BMN
- where is the bottom
where is the bottom, page-3
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
|
|||||
Last
$2.18 |
Change
-0.220(9.17%) |
Mkt cap ! $389.3M |
Open | High | Low | Value | Volume |
$2.35 | $2.35 | $2.16 | $1.477M | 667.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11233 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.20 | 9126 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11233 | 2.180 |
2 | 2776 | 2.160 |
4 | 9483 | 2.150 |
5 | 10265 | 2.130 |
3 | 16443 | 2.120 |
Price($) | Vol. | No. |
---|---|---|
2.200 | 9126 | 3 |
2.210 | 5953 | 1 |
2.230 | 5900 | 3 |
2.240 | 2488 | 1 |
2.250 | 10000 | 1 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |