What will Mr, Market take to wake up? The last 5 announcements...

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Kart007

110 Posts.

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22/06/21

10:39

Post #: 53983509
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Originally posted by Shellbell: ↑

Perhaps they know there is still another week or so of trading left before the EOFY and are waiting in the wings. Why show their hand when there could be further weakness to land into their lap! I'm just going by my observation within this sector, micro cap stocks and the antics on HC. Some of the larger cap stocks in the g-space have awoken from hibernation... so there is signs of life now in the sector.

Sure, I could be wrong but thus far I don't think we can fault this co. for steady progress, meeting timelines and achieving strategic corporate deals. To quote @ajfa, "most graphite and lithium stocks have had tough qtrs . Its not BEM specific"... do you agree, Kart?

The operative words are "have had" and I believe that is what savvy investors are looking for now... undervalued companies with good fundamentals that have been hit hard for no reason specific to the stock... that have a lot to offer moving fwd. Newsflow will do it. Perhaps releasing news now would prove premature given the retail market is still skittish and could be sold into for no rational reason.

Your reticence is what typifies retail investors who doubt fundamentals all of a sudden when the SP is lower than before. I know I do... I do it all the time. Its only natural... its human nature. Just need to remind one's self of the reasons for having invested in the first place... and hopefully that had some FA basis and wasn't just based on the SP action at the time.

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What will Mr, Market take to wake up? The last 5 announcements have been positive and yet the SP has still gone south in that period!!!

BEM Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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