I share your concerned.
BMn is truly a world class potential miner IMO and the troubles lately as I have always said is an anomaly which has nothing to do with the company performance. Any predator would be looking at such opportunity ideally because BMN is
1. Desperate to find ANYONE to take the stock.
2. Thankful to even make a pact with the 'devil'
3. Potential predator terms of the sale as opposed to predator chasing and sweeting the offer price to take such a large holding.
For us long termers, this is a lose lose situation. If my suspicion is correct, we will never see the full potential of the project and there is no takeover premium. Any predator will just buy this conmpany on the cheap!
Now, whose fault is that whether out of ignorance or not?
AJ
bannerman resources directors diluted, page-11
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Last
$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |