I get the feeling BDR sp may go up tomorrow, seems to be the pattern in recent times, chart suggests a small drop is just as likely but with quarterly out soon and Chinese gold price fix not far away I think it's all positive.
Brazil's political situation.. probably won't have an effect on us.
V's chart points out the S&P is super high, bound to drop so that also seems like a good time to top-up here.
Then again it could all just be a punt! Quarterly could be the big one for us and I don't think it's priced in yet, BDR sp is still under-performing below where it should be, 35c should be easy to touch very soon.
Thanks Slim will have a read.
BDR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held