Perhaps a lack of patience on my behalf. I'm tired of hearing about studies etc etc. I see no offtake agreements or a cornerstone investor to help fund a mine.
I've been listening to this for 17 years!
Like I said, I've had huge profits on BMN only to believe that shares are a long term thing and then I watched my profits go down the toilet and I've held a massive loss for years. I'm not going to make that mistake again. Bannerman has been a huge part of my portfolio for years and I've grown a bit wiser over the years. It was a stupid amount of money to have in a stock that produces nothing.... yet.
I still say this will get taken over one day but I just feel it may be for a price that has me out at a loss. Directors never care about retail investors. They get bucket loads of share or options for free so they will sell out if a half decent offer is put on the table. When was the last time you saw a director put his hand in their pocket and buy shares? Brandon has zero direct shares.
Fundamentally I still believe in nuclear power but at the moment (like gcs said) the interest in U has come off a bit imo as indicated by the charts.
I'm not a guru.... I've been wrong more times than right but I just had to reduce my exposure to BMN while I'm ahead. Even after selling, BMN is still 20% of my portfolio. The same as my BHP holding but I'm ahead with BHP + dividends than BMN.
Risk reduction is all.
It will probably go to $5+ now that I sold a few lol. Usually the way it works.
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$2.77 |
Change
-0.070(2.46%) |
Mkt cap ! $494.7M |
Open | High | Low | Value | Volume |
$2.84 | $2.84 | $2.76 | $888.7K | 316.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4337 | $2.76 |
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Price($) | Vol. | No. |
---|---|---|
$2.77 | 150 | 12 |
View Market Depth
No. | Vol. | Price($) |
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12 | 4668 | 2.760 |
7 | 8428 | 2.750 |
6 | 8606 | 2.740 |
6 | 17409 | 2.730 |
1 | 1700 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.770 | 408 | 19 |
2.780 | 4959 | 21 |
2.790 | 11930 | 16 |
2.800 | 11434 | 4 |
2.810 | 3310 | 4 |
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