I have noticed since mid August last year, any day there has been a 50m turnover in shares, it has pushed higher.
It had a breakout last week, and todays volume is looking good for a continued move upwards.
Company is starting to progress towards recovery. A break of 2.9c would signal a strong push higher especially with the volumes that have been put through today.
Caution in share purchase plan at 2.4c. Still open until the end of this week. This will create a little bit of resistance with people selling into any rise.
Overall though, over the next few months I would expect a major rise in its price. My targets are well away from present levels.
BDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
