I think there is an explanation, and it's that the offer for BMN has pegged a (minimum) value to these exploration stocks. The similarities between BMN and ACB are too hard to ignore and the market (and a few research houses) has woken up to the abyss between the ACB share price and the inferred valuation provided by Hanlong.
I think there is an explanation, and it's that the offer for BMN...
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Last
$3.27 |
Change
-0.310(8.66%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.40 | $3.23 | $6.799M | 2.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24450 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BMN (ASX) Chart |