I have no idea if BML is a take over target. So hopium is probably the case. With a capital value presently of $40m you would think it would have some investment value to some one. And even if they were a Whale having cheap finance in place would improve the financial potential. Aggressive investors like leverage, and NAIF is probably the cheapest source of finance available..
But probably BML will sit there unloved for a while longer. As I predicted the definative feasibility study has not improved the share value. It was already anticipated to be reasonably good. I dont think NAIF will do alot either, already anticipated to recieve it. Prehaps having all the financing wrapped up would see some optimism appear. The only chance I see for a serious rerating besides a take over is if silver booms. Been waiting 2 years now, according to the experts it is overdue to rally.
BML is a good stock to help develop patience and a less material attitude. We are fortunate to endure the humility, by the time I get my capital back I will have grown to old for the vices I would spend a windfall on.
- Forums
- Commodities
- Will Boab Metals become a takeover target if NAIF funding for Sorby Hills is secured ?
I have no idea if BML is a take over target. So hopium is...
-
-
- There are more pages in this discussion • 68 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 BML (ASX) to my watchlist
|
|||||
Last
8.6¢ |
Change
0.005(5.52%) |
Mkt cap ! $19.02M |
Open | High | Low | Value | Volume |
8.0¢ | 8.6¢ | 7.8¢ | $25.89K | 317.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138593 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138593 | 0.083 |
1 | 359121 | 0.082 |
2 | 44284 | 0.078 |
1 | 131578 | 0.076 |
1 | 10000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 50000 | 1 |
0.095 | 16930 | 2 |
0.099 | 5100 | 1 |
0.100 | 94139 | 6 |
0.105 | 215380 | 3 |
Last trade - 11.22am 15/08/2024 (20 minute delay) ? |
Featured News
BML (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online