OK SDL now trading at 50c a pop. Really surprised. It seems the market thinks there is a more than 90% chance of that takeover proceeding at a higher price. Hanlong is not on the BMN register yet unlike SDL's so a little less belief there perhaps?
Mind you the uranium sector is still hemorrhaging (look at SP of DYL and PDN) for July.
Not sure why BMN share price is coming down i.e. is it because market does not believe takeover will proceed or is it because the uranium sector generally is in a bad state.
why is share price so low?, page-13
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Last
$2.84 |
Change
-0.110(3.73%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.88 | $2.80 | $238.2K | 84.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5226 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 3852 | 8 |
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| Last trade - 10.38am 11/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |