BMN 0.30% $3.34 bannerman energy ltd

leng, page-10

  1. 6,299 Posts.
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    BMN is on everyones trading radar now.
    Fundamentals are out the window till volumes go back to normal levels again.
    I tend to think it can get to 85-90 which is a 50% retrace of the full drop from monday morning before it gets sold off on sentiment.
    The problem lies in many now just want to get out at a smaller loss and have averaged down so any bounce will be an opportunity to sell.
    2 more months and the fundamentals will be clearer and maybe a double bottom will be confirmed.
    Longer term should be ok when PFS will be seen in a different light.

    DJ Carmichaels set the ball rolling down the cliff id hazard a guess.
    I remember hearing they were represented at the AGM where a scribe recorded the meeting and asked a few questions.
    Seemsthe trigger was pulled on someones request around the 1.00-1.05 mark where 600k was dumped at market.
    Anyone can confirm it was them?
 
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