It is really a puzzle why BXN is defying the doom & gloom in its sector.
It is not as if the industry is doing great , looking at LGP ,CAN , VIT , ECS.
Rarely do we see such bizzare deviation from prevailing market sentiment towards a particular sector.
Could it be its low CAPEX & OPEX business model?, Which is different from the vertically integrated names like LGP, ECS & perhaps CAN , that have large hard assets that the market view them as liabilities given the large discount to book value these companies trade at.
on the other hand BXN is trading at 20X book value.
I admit I can't completely figure this one out.
It is really a puzzle why BXN is defying the doom & gloom in its...
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 (20min delay)
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Last
3.0¢ |
Change
-0.003(9.09%) |
Mkt cap ! $64.94M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.0¢ | $103.8K | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1373725 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 554314 | 4 |
View Market Depth
| Last trade - 15.58pm 19/06/2025 (20 minute delay) ? |
| BXN (ASX) Chart |