Grizzly recently posted that the price is being held back by the entity that will be receiving shares in the upcoming cap raising, in order to get the shares at a cheper price.
This could well be the case. Quite a few signs in recent weeks that BMN was held back from running past the $1.30 mark where it was surely heading.
Who knows, but once that placement is done, I think the "paint will be dry" ... and action wont be far away.
:)
sellers deserting, page-16
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Last
$2.80 |
Change
-0.040(1.41%) |
Mkt cap ! $492.1M | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.85 | $2.74 | $790.3K | 283.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 669 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BMN (ASX) Chart |