I invested in BML on the basis on lead. Never was a silver bull and laughed out loud at the ridiculous silver price estimates being bandied around on the forum.
Anyway, you don't seem to understand the relationship between 'company fundamentals' and the movement in prices of the actual commodity the company proposes to mine - lead and silver.
Over the past 6 months (not a short term price movement), lead has lost its strong momentum and silver has collapsed. Both these factors influence a reasonable person's expectations of how much revenue this company may generate. This is a big reason for the SP decline.
Any of the boiling frogs and bilbo bagholders in this forum that want to argue that BML's fundamentals 'are currently improving' (lol) needs to address this obvious point. Because its what the market is focusing on and explains why your kids are getting Kmart gift vouchers for xmas this year
- Forums
- ASX - By Stock
- Ann: Project Management Update
I invested in BML on the basis on lead. Never was a silver bull...
-
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.34M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.0¢ | $95.45K | 717.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35179 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 194051 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35179 | 0.130 |
12 | 477363 | 0.125 |
21 | 357314 | 0.120 |
12 | 345577 | 0.115 |
7 | 265000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 194051 | 4 |
0.140 | 276579 | 8 |
0.145 | 441412 | 4 |
0.150 | 251752 | 9 |
0.155 | 256000 | 6 |
Last trade - 15.59pm 18/10/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |