The contrarian in me says buy BMN now!
I watched a few of the other presentations and was quite impressed...
The hard thing to swallow is that BMN has been a dirty dirty DOG of a stock over the last 8 months ever since it fell of a cliff... How many times have we heard this is the bottom only to break down again....
Probably not BMN's fault as the general market sentiment suggests that we don't need uranium anymore and there won't ever be a shortage....
If we look at the number of Uranium projects moving forward that are currently not economical... Why are they still moving forward???
Certainly noone knows what to expect in the next couple of years....
However one things for certain.... Anyone building Nuclear Power will want to stitch up long term reliable supply today.... And not 2 days before it is finished...
len jubber presentation from canary events, page-6
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Last
$2.24 |
Change
-0.060(2.61%) |
Mkt cap ! $400.0M | |||
| Open | High | Low | Value | Volume |
| $2.29 | $2.32 | $2.22 | $375.3K | 166.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 584 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 3000 | 1 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |