"Unless Tibbs and Chris and other long term holders are taking profits, anyone else must be selling at a loss"
:)
Rest assured RH, I sell not!
In fact I bought 20k more last week. At the moment I have to cough up over $100k to the taxman (spew) so I wont buy any more until
a] I have paid my bills (spew again)
b] BMN changes course.
And change its course it will. The problem has been the weight of negative news since January 1 ... from the tanking DOW in the first week of Jan to the recent Opes scam .. even then the stupid Lift scare "encouraged" quite a few to sell.
Many are sitting on losses & so sentiment is pretty dour with most U stocks, EXT wouuld be the exception I reckon.
Everyone has to make their own decision on BMN, I know some of my friends have sold last week locking in a tax loss, and are re-buying at these prices. Others might move to other stocks. Some others are holding, and some are adding.
I have made the decision to hold my core holdings till ALL the news is out, which for me means the rest of 2008:
* Drilling completion of AA
* Drilling results from other deposits
* Completion of BFS
* Go ahead to mine
* Off-take agreements signed
Then I will decide my next move.
Disappointed at where we are now? For sure.
Confident that BMN will be over double current prices in 12 months? Fore sure.
I do know when BMN moves ... it moves VERY fast. Each day brings us closer to the critical news of the final JORC ... 100 mill/t at a good grade will be the catalyst the a BMN revival.
cheers
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Last
$2.01 |
Change
-0.180(8.22%) |
Mkt cap ! $360.7M |
Open | High | Low | Value | Volume |
$2.05 | $2.08 | $2.01 | $891.7K | 437.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 95180 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.02 | 6262 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1086 | 2.010 |
24 | 94424 | 2.000 |
2 | 2754 | 1.995 |
5 | 14256 | 1.990 |
3 | 7817 | 1.985 |
Price($) | Vol. | No. |
---|---|---|
2.020 | 5481 | 14 |
2.030 | 10625 | 18 |
2.040 | 5836 | 6 |
2.050 | 20506 | 4 |
2.060 | 14670 | 1 |
Last trade - 12.18pm 04/09/2024 (20 minute delay) ? |
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BMN (ASX) Chart |