BMN 4.90% $3.30 bannerman energy ltd

This is getting ridiculous. I cant believe we're back at 105 on...

  1. 1,381 Posts.
    This is getting ridiculous. I cant believe we're back at 105 on good news. Show me what other share drops 10-15% on excellent news without having had a prior run up.

    Seems that weak shareholder registries breed weak shareholder registries by inspiring day/swing traders to get in on the action and panic dump on the slightest move.

    I think banners desperately needs more liquidity to absorb these dips and peaks.

    If you wanted to speculate about manipulation, looking at the graph it looks as if the timing of the algo activity has coincided nicely with a failed upward MACD cross. Draw from that what you will, after all correlation isn't nescessarily causation.

    Ugh. There I have let out my frustrations. Back to waiting for multi dollar prices patiently....
 
watchlist Created with Sketch. Add BMN (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.