BMN 0.00% 3.7¢ bannerman resources limited

just spoke with the company - i'm happy.

  1. 1,381 Posts.
    A few summary points below
    - they are as shocked as we are (no surprise there)
    - they ran the PFS by a number of brokers/advisors over the weekend prior and had positive responses (nothing like what we are seeing)
    - the dumping is largely retail, with one or two parcels of 4-600k from instos that have been in since pre 2006
    - they have contacted all the top 20 holders/instos, who arent selling
    - They believe the majority of the issue is retail investors not understanding the difference between spot and long term prices resulting in cascading stoplosses/panic.
    - A number of the top 20/instos are buying - they have advised they are mostly just soaking up volume without trying to affect the market (obvious - big fish snapping up small fish)
    - There has been buying out of canada today on market
    - There is a company trading policy which prohibits trading until 48 hours after a price sensitive announcement. Read into this what you will.

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Mkt cap ! $39.17M
Open High Low Value Volume
3.8¢ 3.9¢ 3.7¢ $17.65K 466.2K

Buyers (Bids)

No. Vol. Price($)
5 310001 3.6¢

Sellers (Offers)

Price($) Vol. No.
3.8¢ 7544 1
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Last trade - 15.56pm 29/05/2020 (20 minute delay) ?
0.000 ( 2.70 %)
Open High Low Volume
3.8¢ 3.8¢ 3.8¢ 29550
Last updated 14.35pm 29/05/2020 (live) ?
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