The definition of 'patience' is variable depending on the relative circumstances of a situation. In this instance its the performance of BML's share price and the consequences linked to an investors entry price.
Patience variability is determined by forward guidance statements made by the company, specifically the CEO and then endorsed by the Board. Each guidance statement is a brick IN the 'maintaining' wall of patience, whilst every missed deadline is a brick OUT of the wall. If there are too many missed deadlines, then patience diminishes along with every new guidance statement.
Price is a reflection of the above ebb and flow. The trend down is simply a loss of faith in the wall of patience and fundamental remediation is only possible with inverse outcomes.
BML Chart, page-2525
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Last
14.0¢ |
Change
0.025(21.7%) |
Mkt cap ! $28.08M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 16.5¢ | 13.0¢ | $688.6K | 4.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 265714 | 3 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
0.025 ( 28.6 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 17.0¢ | 13.0¢ | 3406395 | ||
| Last updated 15.57pm 20/05/2024 ? | |||||
| BML (ASX) Chart |