34c after flow-through is sh!thouse tbf, and 11% premium with the tax credits is awful compared to others receiving 60%, 79% premiums. Worse than CRR's recent, but they only had a small flow through component. I'm surprised these guys couldn't negotiate something better with the ground and low cap they have.
I guess the brokers have learned that you can use the tax credits to get much cheaper shares off companies. Very few stay fooled by this for long though.
34c is almost the yearly low. Even 40c would have been at least somewhat kind to anyone who has bought since February.
The red days since July now look very suss.
Ann: BM8 to raise $6.4M to accelerate exploration programme at FL, page-6
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.02M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 13.5¢ | $43.42K | 314.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 54000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 43999 | 2 |
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| Last trade - 15.10pm 28/06/2024 (20 minute delay) ? |
| BM8 (ASX) Chart |