BNR 2.50% 4.1¢ bulletin resources limited

Just my opinion @sudsinvest, but taking into account of a few...

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  1. 3,538 Posts.
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    Just my opinion @sudsinvest, but taking into account of a few things:

    - BNR has around 2.5+% holding in PNR (MC $44 million meaning BNR's holding =  $1+ million)
    - Hall's Creek is building towards nameplate capacity
    - POG circa AUD$1700 - projected to rise further towards mid 2016
    - management not remunerated until debts are paid (despite this, RM constantly accumulating on-market)

    With Matsa & RM holding over 40% of this company already (and growing it seems), just means this stock is getting more tightly held given they only have ~174 million shares on issue

    I would say a run towards $10 million MC given all of the above is not out of the question, that's 5c+
 
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Last
4.1¢
Change
0.001(2.50%)
Mkt cap ! $12.33M
Open High Low Value Volume
4.1¢ 4.1¢ 4.1¢ $4.1K 100K

Buyers (Bids)

No. Vol. Price($)
1 12074 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 200000 1
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Last trade - 13.18pm 22/11/2024 (20 minute delay) ?
BNR (ASX) Chart
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