BMN 1.56% $3.15 bannerman energy ltd

now at fair value, page-4

  1. nk
    3,087 Posts.
    lightbulb Created with Sketch. 132
    geez SF maybe you are right

    maybe its worth zilch

    market seems to think so, its deeply unhappy with the uncertainty now.

    I was never a BMN believer despite being a subscriber to the original IPO . A mate of mine still has 100,000's of shares, used to be his retirement package

    So whats BMN really worth

    its just an option on the increasing price of uranium , Thats it. Its never going to be able to raise the money to develop this mine. At current uranium prices it isnt going to be developed by anyone else either

    Resource Capital, the CN holder. is in the box seat here. They have security over the assets, will own over 20% of the company on CN conversion

    ever wonder why BMN paid that big break fee not to go the 2nd tranche of $10m

    and why the big spike in volume the day before the 16th Feb bearish announcement

    something not quite right here
 
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Last
$3.15
Change
-0.050(1.56%)
Mkt cap ! $553.6M
Open High Low Value Volume
$3.14 $3.19 $3.12 $1.172M 372.8K

Buyers (Bids)

No. Vol. Price($)
4 2335 $3.12
 

Sellers (Offers)

Price($) Vol. No.
$3.17 5500 1
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
BMN (ASX) Chart
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