bail out, page-2

Snosrap,
Some interesting X selling yesterday ie 325,000 shares which for a tightly held and sml co like bis is a relatively lge volume and could be for a variety of reasons,but bottom line they were X sold so buyer covered seller.
Today yes down heaps % wise ,or $12,800 which is chicken feed,just maybe a smaller holder was concerned re yesterdays trading?
We can still only go by confirmed guidance ie 8 to 8.5m ebitda,1h half 3.5m ebitda (eps.029 cents) bis suggested strong start to 2h ,3 shifts etc so a reasonable expectation would be 5 to 5.5m ebitda 2h and taking into account bisalloy's profit increases exponentially over costs as volumes increase so eps should be higher % wise when compared to 1h ebitda,so not just the ebitda increase.
I can't find any news on sub hull test results,in fact no news so as a mushroom investor nothing has changed.
Every holder has to make their own decisions and gauge how they feel bis will report.
I'm not selling.
The only news from bis was on their website that they confirmed again they are working closely with CSIRO on new products,just good to know.
GL
ps taking into account fy18 does not include defence contracts ,bushmasters were not included in new white paper defence contracts ie hawkei and boxer start fy19 or before xmas.phase 3 and sub contracts should become clearer before xmas etc.