Check out the selling depth on the screen.
Very light selling now as expected in the lead to announcement of successful placement.
I think a lot of investors will be more comfortable now to hold and add to BMN positions.
Great thing with BMN is that it does regain lost ground very quickly when momentum turns positive as we saw when the stock moved from $1.30 in August last year to above $4 in Nov/Dec.
I am also very happy about the BMN Namibian listing. BMN will strengthen their ties with the locals through this.
A good P.R move which will also help significantly with the ridiculous and unfounded court case. Savannah will now be fighting BMN Namibian investors as well! Good luck!
bmn selling depth screen
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Last
$3.12 |
Change
-0.020(0.64%) |
Mkt cap ! $550.1M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.19 | $3.05 | $1.222M | 392.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1888 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 8251 | 30 |
View Market Depth
| Last trade - 15.58pm 09/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |