I hear and take notice of both sides. My reason for holding and possibly buying more BML is simple: the current MC versus assets. Yes, it is a speccy, but my investment style is to invest in speccy stocks. If one does not like speccy stocks, one should not be here. If one likes them, BML is one of the top stocks to be in, especially now that the MC is less than that of speccy explorers who are yet to find ANYTHING.
Unless the management know something justifying the SP fall that they have not disclosed to the marker (always a possibility based on my hard earned experience), this has the potential to come good, very good. There are no guarantees, though, so everyone should invest as much as they are prepared to lose.
Current situation is no different from 2007/8 where everything had fallen before the PMs and explorers started to run. Having said that, I do strongly believe we have yet to experience a "proper" debt and stock market fall, which may drag everything else down, including BML, with it. We ain't seen nothing, yet IMHO. If one has no stomach for that, one should look for safety of the PMs themselves, unless one believes in banks and their money being safe as bank deposits and/or government "guarantees". Good luck to those who trust the banks and governments, you will need it.
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $18.34M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 10.0¢ | $29.16K | 265.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 291285 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 10942 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 291285 | 0.100 |
3 | 97576 | 0.099 |
2 | 31052 | 0.095 |
1 | 20000 | 0.094 |
2 | 140000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 10942 | 2 |
0.110 | 4956 | 2 |
0.115 | 11288 | 2 |
0.125 | 93529 | 2 |
0.140 | 16985 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
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Change
-0.010 ( 4.55 %) |
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Open | High | Low | Volume | ||
11.0¢ | 11.0¢ | 10.5¢ | 102155 | ||
Last updated 15.59pm 06/05/2024 ? |
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