Agree @dontplay in a bear market all the market has to judge are the milestones delivered internally by the Company. In a bull market it is a very different story as the market ultimately looks not at announcements but at valuing ounces in the ground.
As @goldbear77 said the market starts to perform its weighing function.
This post of @goldbear77 expresses it so vividly –
If you like to talk in waves, we are currently at the start of a new wave cycle,say wave 1 of a multi wave series. These waves are part of massive global cycles and it will take time for the full wave to rise up………..
……precisely like a tsunami, all you see at the start is the first tide rushing out (March 2020), then you start to see little ripples in the water moving toward you(July 2020) then the water rises to your ankles, waist and throat………….
…….and finally you’re getting swept through the streets wondering how you didn’t see it coming.
Nothing can stop what is coming.
V
PMY - Charts, page-436
Add BML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $24.50M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.3¢ | $102.8K | 968.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 265550 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 115040 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BML (ASX) Chart |