As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Bandanna will likely underperform.
BND Australian#AU000000BND8AUBandanna Energy Limited
The median price of Bandanna for the period between Thu, Apr 25, 2013 and Sat, May 25, 2013 is 0.12 with a coefficient of variation of 7.74. The daily time series for the period is distributed with a sample standard deviation of 0.01, arithmetic mean of 0.12, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.
Bandanna Energy Limited [BND] is traded on Australian Securities Exchange in Australia. It is located in Brisbane, QLD and employs 16 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 71.6 M. Bandanna Energy Limited operates under Basic Materials sector and is part of Independent Oil and Gas industry. This company has 530.36 M outstanding shares.
Bandanna Energy Limited engages in the exploration, project evaluation, and development of thermal and PCI coal assets located in Queensland, Australia. more
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