I think mgt here are generally perceived to have their finger on the pulse. If they’ve voluntarily opted to restart BMX auctions, they must have some very good data to suggest that they can get better than the current spot price just above $1k/t.
Its the big risk with letting product go to auction - everyone is cheering if it gets a premium, but if it doesn’t, that would look pretty bad on multiple fronts.
Good News & Bad News, page-40367
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$2.90 |
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| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
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