Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

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yeah, don't get me wrong, i'm holding too...
but as the share gets more and more coverage, there are lot more short termers entering the picture which makes it a lot more volatile...
 
ok newbie time

ive been watching this since last $1 mark, and missed out, then saw it come back to $1,40 mark really almost bought it, basically ive run out of money, so now i am thinking ive missed out again, anyway still have no money,

crystal balls anyone - so how much can this soar if the ann is good or great? will double in a few days? or if the ann is average will it hang around or will it be dumped?

bye all
 
toc_bat said:
crystal balls anyone -
Click to expand...

Sorry mate...
if you want an opinion on the company, then read this whole thread...
you will probably work out we all think this is a great stock.

However, if your just after share price target, well, thats anyones guess...
the annoucement can be great and the share price could half...

the market will price the share however the hell it wants too.
 
Rafa said:
Sorry mate...
if you want an opnion on the company, then read this whole thread...
you will probably work out we all think this is a great stock.

However, if your just after share price target, well, thats anyones guess...
the annoucement can be great and the share price could half...

the market will price the share how it wants too.
Click to expand...

oh well worth a try,

i know its a great co and i know u all think so too, as ive read the thread, also this years increase in sp is phenomenal, i have been wanting to get in this one but aaaaahhhhhh just so many to chose from, they all glitter and shine alike, and pocket moneys all been spent last tuesday, anyway i thought some of you long term holders have a feel for this one, i guess it cant double immediately as it would almost be approaching PDN and they are a real time producer, guess ill just have to wait and see and miss out
 
toc_bat said:
oh well worth a try,

i know its a great co and i know u all think so too, as ive read the thread, also this years increase in sp is phenomenal, i have been wanting to get in this one but aaaaahhhhhh just so many to chose from, they all glitter and shine alike, and pocket moneys all been spent last tuesday, anyway i thought some of you long term holders have a feel for this one, i guess it cant double immediately as it would almost be approaching PDN and they are a real time producer, guess ill just have to wait and see and miss out
Click to expand...

Toc you want to know my price valuation for this? Scroll back through the threads. I did a comparison between Paladin and Bannerman on page 6 of the BMN thread. Added some pretty pictures etc. Now if you look at the market cap of Paladin..you'll have a guess where I think Bannermans SP can go to.
 
so true Rafa im in it for the long haul. I got my faith in the company its the market that prices just hope all goes well. good luck for the stayers. fingers crossed anytime soon
 
I've been in since 25c and haven't sold one share yet, I came close on a few occasions but then just slapped myself silly and looked at Paladin. These are very important steps for the company but only the starting steps......At these levels though the share price has run hard on anticipation....is it something else we don't know about? There are many things in the companies favour mainly location, location, location. The broker reports had valuations of around 1.60 but were based on factors such as much lower uranium price and their historical data. If they come out with more then we already know then its good. What the share price might do is anyones guess....it could halve. One can come up with astronomical valuations on BMN using different techniques but at the end of the day its what people are prepared to pay.
 
ah stuff it, im moving to another country in two days time, will need to find a home, job, just cant afford to sell my meager holding in INl - which i think has reached a level of stability that i consider it almost a bank - if BMN soars then all you guys ill be thinking of when i think nice thoughts, if it drops well i just cant afford the risk. i guess if its a legendary ann and the sp will be $50 in 2 yrs time then ive still got some time to get on the boat and make my usual 7,5%.
 
Man. What a week this is shaping out to be!

I only hope the results are up to market expectations or beyond given the nature of the run.

edit- I hold
 
Rafa said:
Exactly, thats why i hate these mega runs like this...
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Better to have a hard run than no run at all. You have to be confident on good results given historic drilling though guys. This one has been the next Paladin all along..everyone worried when its going to pull back or stop..it aint gunna stop :)
 
if you hold BMN dont sell out now, this is a chance to drive the price into the $2.00- $2.50 area as a new base, then with an announcement!!! :rolleyes:

Profit taking will just slow down the steamtrain, hang in there my sell price today is 2.65 (just in case someone buy 100+ share at market, then ill be straight back in..

This is my opinon only, newbie having fun
 
Do you guys think some insiders know the results? This is crazy. They hit a low of 1.94. Or maybe some huge buyers have come in..hmm

This feels so good. :)
 
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