BMN 3.65% $2.84 bannerman energy ltd

HiAs if he would answer such a question! A clear response could...

  1. 18,215 Posts.
    lightbulb Created with Sketch. 171
    Hi

    As if he would answer such a question! A clear response could jeopardize the entire situation if your email got leaked. I am still assuming it's a bit of opportunism and a nuisance and nothing else.

    Patience, people! there are many reasons for today's downturn, the entire mining sector is down: I have had a quiz and the following shares are down between 5% and 13% (Incitec!): IPL, AGS, MRE, IGO, PAN, MOL, AVO, LYC, and of course, our BMN.

    I have said this before in one of my posts and got contradicted, but I still believe China's concentration on the clean-up before the Olympic Games must have caused entire industries to be shut down temporarily. Therefore less is produced, and imports of raw materials are on hold, except what's already floating towards China. By Christmas the mining sector will be better, rest assured.

    Our dollar is also connected to our resources sector: you'll find the dollar is down when resources are down - it's almost a proxy for the sector.

    I have sold other stuff, but I am going to continue to hold BMN.

    Cheers

    Taurisk
 
watchlist Created with Sketch. Add BMN (ASX) to my watchlist
(20min delay)
Last
$2.84
Change
0.100(3.65%)
Mkt cap ! $499.1M
Open High Low Value Volume
$2.79 $2.89 $2.78 $1.724M 605.7K

Buyers (Bids)

No. Vol. Price($)
1 3500 $2.81
 

Sellers (Offers)

Price($) Vol. No.
$2.84 646 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
BMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.