I agree that BML is probably bottoming. I'm just not sure it will bounce much during the upcoming bear market rally
Over the past week I've been shovelling money into some of the big gold names. They are already printing big gains, while BML has not moved at all and barely any vol (not even a single dollar traded yesterday)
My theory is this bear market rally will mostly see participation from the sector leader goldies. Those at the bottom of the barrel will need to wait from the second of third wave counter correction to benefit. Maybe second half of 2023
Im open minded that I may be wrong about this, but it's my working thesis and I'm acting according (and so far, its being validated by roi)
Voting NO at upcoming AGM, page-32
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $31.50M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $36.44K | 267.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 111890 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 17100 | 2 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BML (ASX) Chart |