Hi Chris
Yes I agree ... we have seen a total paradigm shift with BMN.
We see this so often in the share market that sentiment can turn viciously both ways. With BMN it started with Savanna & then we had a disappointing first JORC, followed by the Opes scandal & the dumping of 15 million BMN shares. That was compounded by negativity toward Nathan Mc & management over that, then we were hit by a massive spike in sulphur & acid costs along with a dropping U price, cause may to question the economics of Eyango. Finally BMN was crushed under the weight of the financial crisis along with most hedge fund and instos dumping their shares at market.
What a set of amazing circumstances! BMN has weathered the storm. To get $20million funding during that, and now with Savanna out the way, U prices firming, and fuel & sulphur prices back down, the path is clear for BMN to be valued properly by the markets.
What an opportunity it presented ... While I hated seeing the SP drop, I have been able to buy heaps below 40 cents, & now find myself in a great position going into 2009.
All the best to yourself & other holders
TB
- Forums
- ASX - By Stock
- sellers are moving out
Hi ChrisYes I agree ... we have seen a total paradigm shift with...
-
- There are more pages in this discussion • 21 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
|
|||||
Last
$2.26 |
Change
-0.040(1.74%) |
Mkt cap ! $403.6M |
Open | High | Low | Value | Volume |
$2.27 | $2.27 | $2.20 | $2.289M | 1.025M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 6729 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 4822 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6237 | 2.190 |
1 | 1000 | 2.180 |
2 | 1448 | 2.170 |
2 | 46454 | 2.150 |
1 | 1000 | 2.130 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 4822 | 1 |
2.270 | 146 | 1 |
2.380 | 4000 | 1 |
2.390 | 11000 | 1 |
2.400 | 2000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BMN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online