Disappointing but expected.
I did cull half my position at 81 cents today (didn't think it would run to 85cents intraday).
Anyhow, fundamentally, BMN is clearly undervalued (assuming the current Uranium prices; let's not go into projected Uranium prices in the future).
Happy to see EXT (I have a position as well) pulling up but for BMN to be making a loss on the back of such news makes only one thing evident; many day traders were involved in the transactions for the last few days - probably should have been a sign that some news was imminent.
Disclosure: Have a position on the buy side at the moment so DYOR.
p/s like to here the thoughts about the quality of the uranium (grade); 195 -259 ppm isn't outstanding in my opinion.
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Last
$2.60 |
Change
-0.390(13.0%) |
Mkt cap ! $457.0M |
Open | High | Low | Value | Volume |
$2.76 | $2.79 | $2.55 | $3.706M | 1.410M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6567 | $2.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.61 | 7988 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7751 | 2.580 |
3 | 75971 | 2.560 |
2 | 2392 | 2.550 |
1 | 395 | 2.530 |
1 | 200 | 2.520 |
Price($) | Vol. | No. |
---|---|---|
2.650 | 8834 | 2 |
2.680 | 6000 | 2 |
2.750 | 1000 | 1 |
2.780 | 4000 | 1 |
2.850 | 30000 | 2 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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BMN (ASX) Chart |