I think white was shooting from the hip with that claim about wanting to buy 1 million worth of shares at $11. $11 was risky at the time given the sentiment and downtrend at the time. Also, that was before the share price went down to $8.88. Imagine buying 1 million in shares only to see a $250k paper loss within a month or so I don't think I'd have been able to stomach that!
Also, are you still predicting $50m NPAT for FY16?
BAL Price at posting:
$12.44 Sentiment: Hold Disclosure: Held
I don't think I'd have been able to stomach that!
