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.
I certainly wish you the best of luck to in getting your money...
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 (20min delay)
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Last
$3.10 |
Change
-0.040(1.27%) |
Mkt cap ! $544.8M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.19 | $3.05 | $1.353M | 434.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 4264 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |