BMN 4.90% $3.30 bannerman energy ltd

very nice consolidation, page-2

  1. 4,735 Posts.
    lightbulb Created with Sketch. 9
    ss,
    Its going more sideways than consolidating IMO
    You need good volumes to claim consolidation.
    The last 6 days has seen a steady decline in volumes.
    1.3mill,717k,617k,443k 368k and 200k today so far.
    I also see no evidence that the u sector is about to take off either.
    Spot price is languishing around $60/lb.
    If you dont believe the spot price has any effect on the SP
    overlay the two charts and check it out.
    There has to be a recovery in the spot before BMN will gain any momentum upwards.
    A super duper wham bam ann will help.
    All IMHO of course
 
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