BJT babcock & brown japan property trust

distribution announcement - closest to the pin, page-38

  1. JID
    3,679 Posts.
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    Cha,

    This pattern has been identified recently by an HCer where in late trade the SP is pushed down to 36.5c. Next morning it pops, only for the pattern to be repeated at the next close of trade.

    Opinion on BJT thread is that someone is suppressing overnight price to pick up more shares the next day.

    Given that divi announcement is due tomorrow it may be different this time but I don't think so.

    Have put my money where my mouth is today and bought a heap based on a punt that divi will not disappoint and will be accompanied by reassuring commentary

    Here's hoping.
    Cheers
    John
 
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