I agree Boondog,
If ANZ dump its holdings that could quite easliy cause margin calls for other large holders IF they have margin loans, which would result in a massive fall.
However if you could get a hold of some at those levels you could quite easily be sitting on 100% profit in a day. The underlying business still has huge potential and the market cap at those levels would be ridiculous.
You can be pretty sure BMN management won't be sleeping until they can guarantee an orderly resolution to this problem. If they can't then I will have my bucket at the ready to catch as many shares as I can.
Good Luck To All.
I agree Boondog,If ANZ dump its holdings that could quite easliy...
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |