Here is a scenario for you:
EXT is the yardstick at the moment. They are a natural fit for RIO, yet KAH, & now Polo, are not playing ball. They have pulled down the mighty miners pants and are giving it a flogging. The latest move by Polo is an effective blackmail.
I wonder what would happen to that whole drama if RIO suddenly changed tack, and took a position in BMN!! Effectively saying to Polo: "Stuff you ..we will go elswhere!" ... EXT would drop imediately.
Could be an interesting way to make them come back to the table, and be a bit more realistic.
Just some food for thought. Whatever ... BMN is starting to look like a nice morsel ready to grab!
:)
corporate activity scenarios, page-2
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Last
$2.30 |
Change
0.120(5.50%) |
Mkt cap ! $410.7M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.31 | $2.17 | $2.017M | 892.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.31 | 19901 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |