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4.76%

11.0¢ boab metals limited

Bear Thesis for BML, page-2

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dwjd

1,662 Posts.

106

15/02/24

14:42

Post #: 72425258
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Originally posted by JoeSalami: ↑

This thread is to allow those with a Bearish view an outlet to discuss.

I'll kick if off.
Only a few month of cash before they need to dip into Acuity bucket at which point they will sell on market. See announcement.
Missed all the milestone dates..
Interest rates are likely to remain high or possibly go up making it difficult to finance the project.
Commodity prices remain below the DFS business case making it difficult to finance the project.
No milestone announcements due that will change momentum.
Technically the asset remain bearish on the major trend.
Back testing the minor trend on low volume.
Presentation is likely to bring a few in, but the quality of some posts in other threads may not encourage their participation.

Thoughts.

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No wonder you do not have any shares ..if your Post is correct !!
BML Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 11.0¢		Change 0.005(4.76%)		Mkt cap ! $22.07M

Open	High	Low	Value	Volume
11.0¢	11.5¢	11.0¢	$83.94K	736.7K

Buyers (Bids)

No.	Vol.	Price($)
6	354428	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	300000	2

View Market Depth

No.	Vol.	Price($)
1	17300	0.115
5	304428	0.110
11	281943	0.105
11	780922	0.100
1	100000	0.099

Price($)	Vol.	No.
0.115	436363	3
0.120	189318	2
0.125	334231	3
0.130	4553	1
0.145	5020	1

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 11.5¢			Change 0.005 ( 4.55 %)
Open	High		Low	Volume
11.5¢	11.5¢		11.0¢	327971
Last updated 15.28pm 16/05/2024 ?

BML (ASX) Chart