Confidence in BMN has been shattered and it will take a loooooong time for the SP to make substantial recovery if ever. IMO at current situation it's unlikley $550M will be forthcomming for a mine. So naturally the SP has been trashed.
Another round of selling might happen Thursday as Fat Prophets (who have been a supporter of BMN) will send out an update. There's a new analyst at Fat Prophets mining and he is putting SELL recomendations on a lot of previous BUYS to clear the portfolio of "dead wood". So anything could happen in the case of BMN.
Confidence in BMN has been shattered and it will take a...
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Last
$3.11 |
Change
-0.045(1.43%) |
Mkt cap ! $548.4M | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.17 | $3.10 | $470.1K | 150.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 28770 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.11 | 16757 | 30 |
View Market Depth
| Last trade - 11.55am 17/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |