BML 0.00% 10.0¢ boab metals limited

hold up well in the sense they are 80% down... lol. Bml will...

  1. 2,582 Posts.
    lightbulb Created with Sketch. 255
    hold up well in the sense they are 80% down... lol. Bml will dilute atleast once this year. I think next year will have private equity divest and holders have 5c a share to tell the tale. There's no story here - inexperienced management won't get this dirt out of the ground and that makes you easy pickings. Any illusion that this gets off the ground with sticky inflation is folly. Have a moan about pigeon rampers all you want but the share price tells the story. If they sorted their mine tomorrow you're two years from sale and need money to build so you either have a loan 100m+ and 5% a year as a 20m company or dilution glues the share price to 10-15c for the next 5 years. the bank interest rate makes more money. Anyone claiming near term upside is living in a pipe dream. NAIF id dead in the water and anyone claiming anything else has their head in their spoilit
    Last edited by freshinvestor93: 15/03/24
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
0.000(0.00%)
Mkt cap ! $23.34M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $24.40K 242.6K

Buyers (Bids)

No. Vol. Price($)
9 236737 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 165301 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.