How often have you looked back on a stock's price move and said to yourself:
"if only I had bought those when they were that price!"
I bought my first BMN just under $2 and I was stopped out. However, I have been watching them ever since. I believe they are seriously oversold.
There are still only just over 200 mil on issue.
The directors were issued options exercisable at $1.45 last December....They will want it to get above that price well and truly..
There's some great signs here that the trend has changed for BMN. The bullish double bottom in June and the gap above resistance and the 200 MA yesterday on very strong volume.
I have posted some charts below.....Make up your own minds...but nothing is a dead cert...always use a stop...
chart looks good
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 (20min delay)
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Last
$3.10 |
Change
-0.040(1.27%) |
Mkt cap ! $544.8M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.19 | $3.05 | $1.353M | 434.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 4264 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |