anyone still hanging on, page-7

I think this stock will be better than KIM, why? Because the entry level price is rediculously low, at present the company is valued according to the asx listing at 1.8 million,thats cheaper than alot of houses. The assets they have up there are worth 27 million. Gem is a very good partner to have on board,they are down to their last 60 something million pounds in cash but they are burning through that very slowly these days. The diamond industry has been the hardest hit by the GFC even harder than the auto industry(people still have to drive cars but they will wait to buy a diamond)thats why the share price is so low but just as the auto market will rebound so will the diamond trade when that happens BDI will sky rocket.I think it is a very low risk trade for a specky stock as for example you can buy 500 000 shares for $5000,their are 183 million shares of BDI 41% of them are owned by GEM another 40% is owned by the top 20 shareholders mainly banks only about 36 million shares are not so activley traded on the ASX,most people who own them are not selling
I suspect as I am they are buying. When the fog of the GFC starts to lift anyone who holds BDI will be very happy indeed.