The big drop in the BMN share price occurred when the Feasibility Study was released in December. The study was honest and pointed out a number of difficulties, but had absolutely no spin and the market seemed to focus on the negatives. Generally shares in the U-Sector (I usually check EXT, DYL and PDN and SLX for good measure) have dropped between 30 and 45%, BMN, if you take the split-second high of 1.49 back in August(?) has dropped 60%, but the big drop happened within a short space of time after release of the Study. Even over on the EXT thread there is great concern at the drop in s.p. - putting it mildly.
Do as I did, and write an email to BMN voicing your concerns. If more people pester them, perhaps they'll take greater care with their releases.
At the moment I am happy to see it seems to hold onto 0.60. I am hoping people will begin to see this is a 'buy'.
Cheers
Taurisk
BMN Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held
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