BMN 3.77% $2.48 bannerman energy ltd

It doesnt represent as much buying as you think2.8m traded...

  1. 1,381 Posts.
    It doesnt represent as much buying as you think

    2.8m traded volume = ~$168k @ $0.06 avg price

    That kind of money doesnt point to any really big movements - If anything it might be people trying to manipulate the price. Jan/feb had the same kind of volume and nothing big happened.

    Dec also has a big volume spike and a nice fat green bar (same shape) but it didnt really indicate a long term trend shift - BMN just followed the rest of the market.

    Overall - maybe its good for a short term trade but I wouldnt read too much into it long term - the broader uranium market will matter much more (unless BMN gets a JV partner/ML etc)
 
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Last
$2.48
Change
0.090(3.77%)
Mkt cap ! $442.9M
Open High Low Value Volume
$2.44 $2.54 $2.43 $1.569M 633.8K

Buyers (Bids)

No. Vol. Price($)
1 82 $2.48
 

Sellers (Offers)

Price($) Vol. No.
$2.50 1500 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
BMN (ASX) Chart
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