Bm8 has 2 benefits - large holding in eqn giving it a current ev close to zero. Further, with 12 months lapsed post listing and money on exploration spent, access to funds without unnecessary dilution would invariable lead to an acquisition. 62 cap related stocks will eventually follow this path. Finally germanium asset cannot be discounted. Yes lithium sentiment is down and we can’t see immediate value. However germanium has significant v
potential.
so 3 fronts the holders could benefit. I hope the selling continues because downside risk at this level is relatively low bs the obvious growth.
Ann: BM8 Receives $1M from EQN Sale, page-21
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Last
13.5¢ |
Change
0.030(28.6%) |
Mkt cap ! $12.55M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $1.307K | 9.679K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1818 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 10.02am 09/08/2024 (20 minute delay) ? |
| BM8 (ASX) Chart |