All the speculation on this forum is borderline ridiculous sometimes... when the SP was going up and there was 150+m shares traded, "big boys buying up". When it's going down "big boys pushing down". "50m shares indicate blah blah blah".
The same speculation about a leak was floating around when the sp went from 3.2 to 3.9....
A company such as BGS CANNOT be consistently in the top 10 by volume (most of the time number 1) on the entire ASX for like a month straight without someone playing games.......... It's just illogical.
I've said this before - realistically, the volume should be 10-15m AT MOST. even that's excessive for something so small. So many other small caps awaiting results etc, and they've got a 10th of the volume.....
BGS Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held