looks to have bottomed

  1. 5,874 Posts.
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    After looking very sick for quite a while, it has rebounded strongly after hitting 16 today.

    Buy side has gathered alot of momentum and is now looking ok at 19c. Total buyers is 676k v sellers of 417k.

    It will be interesting to see if BNTO is in the money by December.

    A reasonable quarterly report should see them well and truly in the money by Christmas as they are currently trading at a forward pe ratio of 2!!! Mgmt have not retracted their forecast of 10m profit as yet...

    Cheers
 
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