one to watch

There is no doubting BNT disappointed the mkt with their profit for 05/06.

However, if anybody has followed BNT closely in recent weeks, one would notice a much more positive sentiment.

The stock was languishing at 20c a few weeks ago with no buying depth. From a few weeks back until yesterday, there was still no buying depth, however all the buyers getting in at market rather than waiting in the queue.

Today, the buy side has really come to life with buyers well exceeding sellers.

BNT still believe they will generate $10m profit from coal alone this financial year. From the changing market sentiment in recent weeks, things may be according to plan.

If you were to value BNT on a forward PE ratio, its pe ratio is only 3.

BNTO is perhaps the cheapest oppies Ive seen in wjile. I have loaded up in recent weeks with all my buys 5.1c and under. Its now trading practically at a discount, which is quite astonishing.

The amount of leverage which can be realised with BNTO is massive. If BNT doubles to 50c, a very real possibility, BNTO will go up 6 fold.

BNT is a definitely a stock to look closely at.