BML 0.00% 10.0¢ boab metals limited

Yes if they waited longer we would have got a high raise price...

  1. 11,165 Posts.
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    Yes if they waited longer we would have got a high raise price without a doubt. However at the end of the day it doesn’t really matter. The share price will get a significant re-rate anyway. All the cheaper capital raise price does is allow us all to average down more. The institutions look bullish - imo keen on holding long towards mining with the support they have showed, so imo they will be selling limited parcels post raise on market. Even if they do, in the current environment these will be soaked up effortlessly by keen buyers seeing the value! Absolute bargains on offer right now. I wouldn’t be surprised to see BML open 15c minimum after seeing silver explode into the 30’s and how undervalued we are compared to our peers.
    Last edited by coto: 19/05/24
 
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