geez SF maybe you are right
maybe its worth zilch
market seems to think so, its deeply unhappy with the uncertainty now.
I was never a BMN believer despite being a subscriber to the original IPO . A mate of mine still has 100,000's of shares, used to be his retirement package
So whats BMN really worth
its just an option on the increasing price of uranium , Thats it. Its never going to be able to raise the money to develop this mine. At current uranium prices it isnt going to be developed by anyone else either
Resource Capital, the CN holder. is in the box seat here. They have security over the assets, will own over 20% of the company on CN conversion
ever wonder why BMN paid that big break fee not to go the 2nd tranche of $10m
and why the big spike in volume the day before the 16th Feb bearish announcement
something not quite right here
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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. |
---|---|---|
$3.17 | 5500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2335 | 3.120 |
2 | 13250 | 3.110 |
9 | 27728 | 3.100 |
2 | 3389 | 3.080 |
1 | 2300 | 3.070 |
Price($) | Vol. | No. |
---|---|---|
3.170 | 5500 | 1 |
3.200 | 12056 | 3 |
3.210 | 6293 | 2 |
3.250 | 1983 | 1 |
3.270 | 8201 | 3 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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BMN (ASX) Chart |