Gents, the market is an emotional forward looking beast not solely based on funnymentals.
BMN is not currently valued on 22 or 27 m lbs, but whatever the market thinks it should be considering future prospects, market risk, management, takeover premium, and captjohns ramps....
At the moment, it's probably valued somewhere between 27m lbs in the ground, and 150 m lbs at production, and another 100 m lbs exploration/development potential. On that scale, I think it's undervalued.
resource upgrade imminent, page-74
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Last
$3.14 |
Change
0.000(0.00%) |
Mkt cap ! $560.8M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.14 | $2.98 | $6.864M | 2.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 308613 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| BMN (ASX) Chart |