Playing the macro..From a weekly perspective, a big drop from 230 to 194.5, nearly 15%. Volume usual..So what is happening? To me it seems to be playing the macro. And U macro is playing weak. There was a good announcement, but U macro currently is overpowering any individual stock news. So we go with the flow. Overall U macro is playing weak. As I wrote last week, CCJ needs to hold 39A/40 level. It lost that this week. The final number is around 35. If it loses that, long winter for U stocks. BMN has now dropped close to 60% from its high of 487, in line with many other U stocks in this phase..Personally as I wrote last week, my BMN average was 227. I bought more today at 195. My average now 218..So what may happen next week? All depends on U macro. All depends on CCJ. We don't know. Overall U macro is not bad. But a lot more people have to believe it. CCJ has to get over 40. Spot price above 80. Let's hope it plays out that way. Enjoy your weekend and all the best.
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Last
$1.95 |
Change
-0.035(1.77%) |
Mkt cap ! $347.3M |
Open | High | Low | Value | Volume |
$1.98 | $2.00 | $1.93 | $851.3K | 436.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 706 | $1.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.98 | 8922 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5083 | 1.920 |
1 | 273 | 1.905 |
8 | 28026 | 1.900 |
1 | 200 | 1.890 |
1 | 5300 | 1.885 |
Price($) | Vol. | No. |
---|---|---|
1.985 | 2800 | 1 |
2.000 | 19799 | 3 |
2.040 | 1200 | 1 |
2.100 | 650 | 1 |
2.140 | 1260 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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BMN (ASX) Chart |