aero,
Obviously in this case shareholders of BMN.
The ANZ was dumping stock of some companies at up to a 50% discount.
Transpose that to BMN and that puts the SP at less than $1.
Add to that the panic selling by others and the Sp could go thru the floor.
By calling a trading halt, BMN management have bought time.
Time to assess the situation, and if necessary, time to negotiate with the liquidators of Opes Prime.
And if absolutely necesary time to find a white knight.
- Forums
- ASX - By Stock
- trading halts and margin loans
aero,Obviously in this case shareholders of BMN.The ANZ was...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BMN (ASX) to my watchlist
|
|||||
Last
$2.74 |
Change
0.010(0.37%) |
Mkt cap ! $481.6M |
Open | High | Low | Value | Volume |
$2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 416 | $2.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.81 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 366 | 2.730 |
1 | 183 | 2.720 |
4 | 6368 | 2.700 |
1 | 1000 | 2.680 |
5 | 2484 | 2.650 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 2000 | 1 |
2.870 | 10000 | 1 |
2.880 | 3500 | 2 |
2.920 | 4000 | 1 |
2.980 | 1677 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
BMN (ASX) Chart |