BML 5.81% 8.1¢ boab metals limited

Ann: Corporate Presentation, page-24

  1. 1,785 Posts.
    lightbulb Created with Sketch. 732

    dishonest Joe you have 2 types of responses from 2 different personalities it seems, your 1st response was zapped as flaming (not by me) and your 2nd response a totally different tone.

    Why is the share price low ? in simple terms imo is related to poor market sentiment and the company seems to focus on brokers and trying to attract institutions and they are fair weather sailors who aren't interested in investing or advising clients to invest in poor sentiment sectors.

    IMO people who might invest in the high risk resources sector are only about 2% of the market and they aren't enthused at the moment and the 98% are untapped and generally know very little about precious metals and commodities and high inflation etc etc and the company isn't interested in reaching out to this market because they are conservative and worry that inexperienced investors might get burned and react badly if they don't fully understand the risks so they put it in the too hard basket.

    There are plenty of investors out there who might be interested if things were explained to them in the right way (goldbear talks about this aspect a lot) but that requires a lot of effort talking to individuals to find the few amongst the many who understand we are in a high inflation environment and are receptive to alternative approaches to the problem and how precious metals and commodities may be an answer to this problem if you pick companies that have viable projects ( feed study indicates project viability) .


 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
-0.005(5.81%)
Mkt cap ! $18.90M
Open High Low Value Volume
8.6¢ 8.6¢ 7.9¢ $70.80K 876.7K

Buyers (Bids)

No. Vol. Price($)
1 2704 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 58270 2
View Market Depth
Last trade - 15.32pm 09/08/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.