BON bonaparte diamond mines nl

surprise surprise increased offer, page-25

  1. makattack
    34,916 Posts.
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    29/05/09
    22:42
    Post #: 5222016
    Interesting to see that there is a huge gap today between MAK and BON based on the 1:9 ratio. BON should be about 6.6 cents - suggests market expects yesterday's surge in MAK will not hold. >/i>

    I dont think this suggests this at all. There's alot less free stock floating around (considering 64% has transferred to MAK) and there's just a lack of volume around (only $48K traded today).

    I dont expect MAKs shareprice to hold current levels but it did surprise me today how well it held up.
    BON Price at posting: 5.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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