Looking at the market depth I don't think buying this morning would be a good move. Its 4:1 sellers/buyers at the moment so its looking like we could take a bit of a hit today. Funnily enough the market seemed to have hardly taken any notice - volumes up a bit but the 4% drop is simply in line with other Uranium stocks (except EXT!) after the big price fall this week.
To be honest the result is disappointing - a quick look at the guessing comp will tell you that - its 20% below even the most pessimistic of guesses. Hopefully the chemical assay results come in on the upside and we get a turnaround for the final JORC.
ann out, page-70
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Last
$3.15 |
Change
-0.050(1.56%) |
Mkt cap ! $553.6M | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.19 | $3.12 | $1.172M | 372.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2335 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 5500 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |