Just by looking at the charts, I will take a guess that when BMN hit the $4.00 mark in April, Nov and December 2007, it did it for a reason. April was reflecting on the very high U price so the valuation was a bit artificial in hindsight. However the Nov $ Dec high of $4.00 was based on the anticipated 100Mil lb resource upgrade which never materialised so the SP went down together with the negative sentimen of the U sector.
However we are now post Anomaly A, that is AA is a fore gone conclusion waiting for the FFP to be signed off by the bank. On top of this we have the next round of promising targets with historical drill data and also promising exploratory drill results. Bar the Savannah case, I can't see any more hurdles for the SP to march up to the historical high just 5 months ago.
new haywoods report 4 dollars outperform, page-13
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Last
$3.30 |
Change
-0.170(4.90%) |
Mkt cap ! $589.4M | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.42 | $3.29 | $1.679M | 503.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1784 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BMN (ASX) Chart |