BMN bannerman energy ltd

News: Bannerman Resources looking at other option

  1. lightbulb Created with Sketch. 1
    .

    Bannerman Resources Limited (ASX:BMN) said it was going to focus on discussions with other parties, after its board decided it was unlikely to know if Hanlong would enter into a binding acquisition agreement within a reasonable timeframe.



    Hanlong has sought additional due diligence after it made a conditional offer of $144 million in July, so it can gain certainty about conditions like timing and financing.



    Bannerman said Hanlong had not yet confirmed the time it needed to gain approval from banks and the Chinese government.



    Bannerman reported a net loss of $13 million for the six months to June.



 
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
$3.36
Change
-0.050(1.47%)
Mkt cap ! $690.1M
Open High Low Value Volume
$3.28 $3.40 $3.24 $3.186M 957.4K

Buyers (Bids)

No. Vol. Price($)
1 901 $3.29
 

Sellers (Offers)

Price($) Vol. No.
$3.37 1113 2
View Market Depth
Last trade - 16.10pm 15/09/2025 (20 minute delay) ?
BMN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.