BMN bannerman energy ltd

change in sentiment

  1. 2,878 Posts.
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    Bought into BMN yesterday. Some of my reasons for buying back into a few uranium stocks are as follows:

    1) There is talk that China could start approving new reactor builds very soon, possibly even by the end of June 2012.
    China Mulls New Steps on Nuclear Energy
    http://online.wsj.com/article/SB10001424052702303506404577444173316508002.html
    2) Japan is also expected to restart 2 reactors shortly most likely before the peak of their summer in July 2012.
    3) Long term uranium price went up slightly last week for the first time in a while which may signal that uranium prices have finally stabilised
    4)Share prices of some uranium stocks including BMN are very oversold IMO.

    Risks :
    1) Europe debt crisis
    2) nuclear accident
    3) Capital raising
    4) Continued weakness in uranium price
 
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(20min delay)
Last
$3.36
Change
-0.050(1.47%)
Mkt cap ! $690.1M
Open High Low Value Volume
$3.28 $3.40 $3.24 $3.186M 957.4K

Buyers (Bids)

No. Vol. Price($)
1 901 $3.29
 

Sellers (Offers)

Price($) Vol. No.
$3.37 1113 2
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Last trade - 16.10pm 15/09/2025 (20 minute delay) ?
BMN (ASX) Chart
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