I just said it. It is being bought up on power buying; the buyer sets it's price, the broker buys at that price. How they do it is a Brokers priviledge (annoying to us all tho'); we cant "manipulate" as off the street punters. It's been going on for months now. The buying has a foot on it for a reason, tho' that is purely my opinion. When the buyer is happy with it's %, punters will have an open look at this stock
It's a Bas#$%^&d this way of transacting, but it's an open market. Pity ASIC doesn't monitor these things a bit more closely. Oppies are tight but for the time I have been in, and the company's track record, I am hopeful they will get over the 2.00 line. Disc; I hold a shed load of Oppies and Heads.
Financials should present a more attractive divi and hold back on exploration expenses; Egypt will hopefully come up for air and take a breath for a while. Boxes are ticked, the market does the rest .....
Rgds
J
BPT Price at posting:
78.5¢ Sentiment: Hold Disclosure: Held
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