BNB is also controled to a great extent by management and that hasnt help its price and its on a PE of 5x.
price has been weaker over the past few days, the "structure" mustnt be buying then?
it doest matter about the "structure" at some point Forrest will want to sell down some shares, that will be a huge sell trigger.
anyway, i dont think the second shipment will be ready because of the rail, so i am getting ready to short it anyway.
If i am wrong and it goes to $10 from $8 im down 20%, if goes from $8 to $4 im up 50%.
shorting, page-20
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Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |