It doesnt represent as much buying as you think
2.8m traded volume = ~$168k @ $0.06 avg price
That kind of money doesnt point to any really big movements - If anything it might be people trying to manipulate the price. Jan/feb had the same kind of volume and nothing big happened.
Dec also has a big volume spike and a nice fat green bar (same shape) but it didnt really indicate a long term trend shift - BMN just followed the rest of the market.
Overall - maybe its good for a short term trade but I wouldnt read too much into it long term - the broader uranium market will matter much more (unless BMN gets a JV partner/ML etc)
is u308 about to take off, page-4
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Last
$3.14 |
Change
-0.050(1.57%) |
Mkt cap ! $560.8M | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.23 | $3.05 | $1.909M | 606.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6892 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |