BMN bannerman energy ltd

just spoke with the company - i'm happy.

  1. 1,381 Posts.
    A few summary points below
    - they are as shocked as we are (no surprise there)
    - they ran the PFS by a number of brokers/advisors over the weekend prior and had positive responses (nothing like what we are seeing)
    - the dumping is largely retail, with one or two parcels of 4-600k from instos that have been in since pre 2006
    - they have contacted all the top 20 holders/instos, who arent selling
    - They believe the majority of the issue is retail investors not understanding the difference between spot and long term prices resulting in cascading stoplosses/panic.
    - A number of the top 20/instos are buying - they have advised they are mostly just soaking up volume without trying to affect the market (obvious - big fish snapping up small fish)
    - There has been buying out of canada today on market
    - There is a company trading policy which prohibits trading until 48 hours after a price sensitive announcement. Read into this what you will.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.11
Change
-0.050(1.58%)
Mkt cap ! $638.8M
Open High Low Value Volume
$3.20 $3.20 $3.08 $2.802M 893.1K

Buyers (Bids)

No. Vol. Price($)
2 4196 $3.11
 

Sellers (Offers)

Price($) Vol. No.
$3.15 3000 1
View Market Depth
Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
BMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.