Yesterday in a string of sales at $0.16 into the bids on the buy side, a buyer rather impatiently took out 120,000 shares in one chomp at $0.165. The bids at $0.16 keep getting replenished with biggish round lots (The bids are 80,000 and 100,000 at $0.16 this morning). It looks like steady accumulation by one or more buyers prepared to hold this fairly thinly traded stock. For my sake, I hope their confidence is well founded. Not too long to wait now, with the interim report due circa 28/8/15. It is too late now for any catastrophic confessions, unless management harbours a perverse desire to be tarred and feathered.
BSA Price at posting:
16.0¢ Sentiment: None Disclosure: Held
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