I'm just saying once Perpetual sells out of their stake there won't be the overhang on the company. That's usually a positive for such a stock.
The volume has ticked up a little and the price has stopped falling. I usually like to see that when a bottom forms. Will have to wait to see confimation.
As to the business, BNT is doing well... SAnity will be okay too once they close the unprofitable stores. The fixed costs are not that big for a store other than the lease arrangement.
And yes I was bullish when the stock was $1. They only real thing that changes was PPT dumping their 10% holding and a profit downgrade.
Cheers,
Munch.
BRZ
brazin limited
