My thoughts are: if people are panicking about 20-30% drops they shouldn't be investing in small cap stocks like BML. The real investors here are in it for the long term, and can see the value based on the large upside. These drops are to be expected, and if the fundamentals of a company prevail, the long term holders will be rewarded in the long term, as is usually the case. The recent drop is an industry wide hit, and isn't specific to one stock, hence I don't think it is fair to be cynical about one share in the basket such as BML, when fundamentally nothing has changed.
Investors should take trades on their own analysis, and let any external commentary support or detract from their own opinions.
cynics, page-2
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.34M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $24.40K | 242.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 236737 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 165301 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BML (ASX) Chart |