On the back of Shaws recent upgrade I thought I would have a look at the research papers out on BML
5/5/25. East Coast 54-59c 9/5/25. Euroz. 50c (down from 55c) 15/9/25. Shaws. 60c up from 40c.
Both East Coast and Euroz had much higher valuations back in May and would be interesting to see if they rejigged on the back of recent events - silver metrics etc.
Seems appropriate that valuations would probably be considerably higher from the other two currently depending on their metrics.
Certainly feels it can go higher in the short term. we have had a great turnover of stock in the past few weeks with what I would assume many old stale holders potentially moving on or reducing and then with a lot of new money coming in at volume.
Let's hope it continues.
BML Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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