the market is an amazing beast
BMN is at fair value after all these years, its taken a while for the froth to be blown away
if you refer to the experts report attached to the EGM for approving the CN in March/April 2009 you will see the company assets are valued at $117million by an expert in valuing uranium companies, not a hotcopper poster
and if you add back the CN to the market cap at todays close its roughly $100million, so fair value is more like 48c, but the market always overshoots so sub 40 is on the cards before we return to 50 ( fair value)
finally BMN has arrived at its destination
now at fair value
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BMN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.15 |
Change
-0.050(1.56%) |
Mkt cap ! $553.6M | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.19 | $3.12 | $1.172M | 372.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2335 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 5500 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |