BMN 1.57% $3.14 bannerman energy ltd

bmn gets takeover offer from chinese buyer, page-58

  1. 1,381 Posts.
    Glad you did well rubitron, and found our opinions to be of some use!

    Now that we are where we are, I dont have any solid idea of what the SP is going to do in the next few days. We dont have a precedent for this kind of news or massive gap up.

    There is a tonne of sell pressure and a tonne of buy pressure that is sitting pretty much smack on 20% discount to the T/O price.

    I am thinking we may well sit around about there for some time from here, with a few ossicliations +/- 15% in the next month or so.

    Anyone else got some views?
 
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