Smashing it back to 14 cents would be over done.
I just think the market does not have any appetite for diamond producers unless they are punching out dividends of a 4% plus return.
Until BDM has the mine expansions signed off and sealed with LOM extended exponentially the stock will trade at a big discount.
Remember people we are still in a risk off environment unless your a part of the latest craze sectors.
Also remember when stocks like these turn the corner they can move 100% in just a few days. Im sure the likes of okeefe and trutter will and are planning to get this into positive territory.
Cheers
BDM Daily SP Discussion, page-640
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $156.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.8¢ | $66.10K | 605.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1373875 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 249534 | 4 |
View Market Depth
| Last trade - 15.28pm 01/11/2024 (20 minute delay) ? |
| BDM (ASX) Chart |