ss,
Its going more sideways than consolidating IMO
You need good volumes to claim consolidation.
The last 6 days has seen a steady decline in volumes.
1.3mill,717k,617k,443k 368k and 200k today so far.
I also see no evidence that the u sector is about to take off either.
Spot price is languishing around $60/lb.
If you dont believe the spot price has any effect on the SP
overlay the two charts and check it out.
There has to be a recovery in the spot before BMN will gain any momentum upwards.
A super duper wham bam ann will help.
All IMHO of course
very nice consolidation, page-2
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Last
$2.19 |
Change
-0.210(8.75%) |
Mkt cap ! $403.6M | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.35 | $2.17 | $1.000M | 448.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 13751 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 4496 | 6 |
View Market Depth
| Last trade - 13.38pm 29/08/2024 (20 minute delay) ? |
| BMN (ASX) Chart |