Wooooo Hooooo Go BPH :)$$$$$$, page-30018

Fame luck.

Fact, big instos are not driving down the price.

I had to address this yesterday from another non holder.

Asx volume.

Today - 259k
Yesterday - 915k
Last Friday - 1.1m
Lsst Thursday - 1.5m
Last Wednesday - 1m

5 days asx volume 4.8m shares.

1.14b shares on issues.

0.42% of shares traded over 5 days.

Also last Wednesday sp was 1.9c, today 1.9c.

So the share price is not going down, but stable.

If instos wanted out, or larger holders, we are looking at 2m to 5m parcels and larger in trades.

Ie. Many bigger holders, hold more than the 5 days total 4.8m shares traded.

I expect bph to trade sideways the next two weeks, and maybe up a little early in next fin year without news.

Ev is 13m. Cash is 8m. Bph is moderately priced, not overvalued as per the EV.