BMN 3.15% $2.95 bannerman energy ltd

is this selling due to opes prime fiasco, page-6

  1. 43,938 Posts.
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    Paul,

    Wasn't trying to down ramp. Merely pointing out that I suspect there are more than 1Mil shares lurking in the sell orders. That figure was taken from Sept 07 from Commsec shareholding to date.

    I hope that PB is still awake in Namibia and working the phones to Haywoods and GMP to see if they are interested in taking NM holding through ANZ. I don't know if extensions will be given to trading halts in the form of suspensions. Either way I figure they will be short term weakness unless ASX/ASIC and ANZ comes to their senses that the account holders be given a chance to re-finance their positions or some other deals. Surely dumping shares indescriminately on the market at fire sale price is criminal without giving the market the opportunity to have an orderly sale process. Not to mention destroying confidence in buyers on the whole market!

    The telstra and CGF and all the other profitable stock can absorb the dumping process but what chance has a small explorer like ADY have to recover form this free fall. I am so glad that the money is in the bank. Lets hope that Canadian sentiment remains bullish because so soon after fund raising, we don't want thtm to think that they were 'rip-off'!
 
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Last
$2.95
Change
0.090(3.15%)
Mkt cap ! $526.9M
Open High Low Value Volume
$2.98 $3.03 $2.94 $1.499M 505.3K

Buyers (Bids)

No. Vol. Price($)
1 1610 $2.94
 

Sellers (Offers)

Price($) Vol. No.
$2.95 5480 2
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
BMN (ASX) Chart
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