Why is BGS being dumped?, page-117

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El Jefe

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26/07/18

11:32

Post #: 34572328
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Originally posted by columbo ↑

Thanks @kcheers for your post. It's a bit odd for two non-holders to have a back-and-forth on BGS threads but your thoughtful post deserves to be acknowledged.

I trust your account of ML's BGS episode -- and, as you say, bygones are best left bygones. I agree that BGS, AVZ, and other ASX Li stocks can all do very well. Their success will be driven by the global surge in Li demand. Right now, Li sentiment is down, which explains why all ASX Li stocks are having a hard time:

View attachment 1210702
Most have yielded negative returns since 1/12/17 with AVZ the worst performer, although as a holder I hope (and the graph suggests) that the impending JORC ann will change this. Anyhow, the point of the graph is to illustrate commonality rather than differences -- an ebbing / rising tide of Li sentiment lowers / lifts all Li stocks.

So no need for AVZ holders to trash BGS (or vice versa , especially not individual BGS holders. RV's attacks on BGS (while holding AVZ) and CLA (while holding WFE) are out of line, especially when he plays the man not the ball. RV wants to follow ML from AVZ to WFE -- great, I wish him (and you) all the best. Myself, I'm happy to pass -- I'm done with the superheroes, the 'in da 50c club', and the Easter Eggs. But, each to their own. As long as we refrain from tarnishing other coys, their SHs, and CEOs, simply to advance our own agendas

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We are 5 months out from Christmas so expecting Santa Claus to appear soon too, maybe doing a remix of P.Diddys old favourite - missing you - dedicated to KE.

Back to the real world for now though, what did the moderated posts of value above say, account numbers not required, BB purchased another 3 million in cash?

BGS Price at posting: 44.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Why is BGS being dumped?, page-117

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