Russels reasons for selling were mainly the double top scenario. Im afraid the drop from the $3's cannot be attributed to solely TA lingo... there are too many other variables in this case.. namely the state of world markets and things he could never have forseen without taking a punt (eg a lower than expected interim jorc) - If he was bearish for the right reasons he would have more respect in my eyes.
Also BMN, like many U stocks are becoming rediculously undervalued now. I just pity anyone who is selling out of pure pain because I can sense a once in a lifetime buying oppertunity coming up. Also it seems there was a bit of manipulation goin on today as well looking at the course of sales (tiny sells all over the place) - seems to me as if the fall is been deliberately exaggerated to put doubt over the placement.
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Russels reasons for selling were mainly the double top scenario....
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Last
$3.12 |
Change
-0.040(1.27%) |
Mkt cap ! $548.4M |
Open | High | Low | Value | Volume |
$3.17 | $3.21 | $3.08 | $1.621M | 516.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 191 | $3.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.17 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 191 | 3.120 |
2 | 5800 | 3.110 |
1 | 8196 | 3.090 |
1 | 6481 | 3.080 |
1 | 10000 | 3.070 |
Price($) | Vol. | No. |
---|---|---|
3.170 | 5000 | 1 |
3.180 | 3000 | 1 |
3.200 | 1600 | 1 |
3.220 | 20000 | 1 |
3.230 | 5000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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BMN (ASX) Chart |