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.
Disappointing but expected.I did cull half my position at 81...
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Last
$3.12 |
Change
0.010(0.32%) |
Mkt cap ! $640.8M | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.18 | $3.00 | $3.802M | 1.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1612 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 11500 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
| BMN (ASX) Chart |