I certainly wish you the best of luck to in getting your money back
For BMN to go to $1 the market cap would need to be around $830m. I believe BMN back in the days of $1 share price would have had a lot less shares on issue. I believe you would need Uranium prices to be back at the $100 mark at least
I will be trading BMN and most likely try and ride this rally in Uranium for as much as I can. If the technicals do turn I will be done.
If Uranium prices continue to rise ... and rise enough I would assume Kazakhstan would just increase their production again, and they can turn on the tap faster than for a junior to build a mine.
A friend taught me that the stockmarket is like an affair...don't fall in love with any company.
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Last
$2.60 |
Change
-0.390(13.0%) |
Mkt cap ! $457.0M |
Open | High | Low | Value | Volume |
$2.76 | $2.79 | $2.55 | $3.706M | 1.410M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6567 | $2.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.61 | 7988 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7751 | 2.580 |
7 | 85671 | 2.560 |
4 | 54392 | 2.550 |
3 | 9595 | 2.530 |
2 | 1200 | 2.520 |
Price($) | Vol. | No. |
---|---|---|
2.610 | 7988 | 2 |
2.630 | 3500 | 1 |
2.650 | 8834 | 2 |
2.680 | 6000 | 2 |
2.750 | 5000 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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BMN (ASX) Chart |