imo you are all correct to a degree.
its cheap on value basis - but you only get value priced into an sp once it hits production
its underperformed the silver peer group comprehensively - so any trader has to look at that.
traders set daily price because they price spot momentum - value/dcf buyers are basically smart but stingy and look to buy weakness
there is an increasing background bid coming for lead stocks judging by g1a - which may increase the more talk there is of commodity supercycle 2. though hard to tell how BML's 3.3% trades vs an 8% lead play.
and behind that - is there a monty ripper soon to drop and trading money is getting the old ropeadope?
It would be unusual to do a 25:1 consolidation without having a major news drop lined up for shortly after
id be doubtful many voted for the consol expecting this long a delay before it dropped - and that would also be a factor
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $25.67M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $29.68K | 270.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 44523 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 255131 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 44523 | 0.110 |
4 | 275253 | 0.105 |
9 | 261050 | 0.100 |
1 | 25000 | 0.099 |
1 | 51020 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 255131 | 7 |
0.120 | 127624 | 5 |
0.125 | 193533 | 5 |
0.130 | 351456 | 5 |
0.135 | 56748 | 2 |
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