BMN 2.94% 17.5¢ 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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Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $208.0M
Open High Low Value Volume
17.5¢ 18.0¢ 17.5¢ $415.2K 2.362M

Buyers (Bids)

No. Vol. Price($)
3 177943 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 220551 8
View Market Depth
Last trade - 16.10pm 16/06/2021 (20 minute delay) ?
(live)
Last
17.5¢
  Change
0.005 ( 4.67 %)
Open High Low Volume
18.0¢ 18.0¢ 17.3¢ 1025028
Last updated 15.59pm 16/06/2021 (live) ?
BMN (ASX) Chart
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