Personally I wouldn't be buying anything with the market poised as it is.
The DOW has just had a technical bounce down trying to breach support in the 12800 level. That's ugly and could be the start of another leg down that will take it well into bear market territory. BMN may seem like a good buy at $2.50 but their is plenty of potential for further falls to come if the US takes a dive.
Fundamentals can mean very little in bear markets - if you're not producing and making a profit people won't touch you. Fundamentally BMN looks excellent - no doubt. Unfortunately fundamentally and techically the US market looks ratsh1t and thats got the potential to hurt us here in the short term.
- Forums
- ASX - By Stock
- broker target upgrade to 5.43 strong buy
Personally I wouldn't be buying anything with the market poised...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
|
|||||
Last
$2.30 |
Change
0.120(5.50%) |
Mkt cap ! $410.7M |
Open | High | Low | Value | Volume |
$2.18 | $2.31 | $2.17 | $2.017M | 892.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $2.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.31 | 19901 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 2.290 |
1 | 1200 | 2.280 |
1 | 2 | 2.200 |
2 | 12000 | 2.180 |
2 | 7000 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.380 | 2310 | 1 |
2.390 | 453 | 1 |
2.420 | 10000 | 1 |
2.430 | 22820 | 2 |
2.440 | 21036 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online