BWX 0.00% 20.0¢ bwx limited

Ann: STRATEGIC REVIEW CONCLUDES WITH BWX TO REMAIN INDEPENDENT, page-10

  1. 6,445 Posts.
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    Now that the rest of the market know what inside traders seem to have known for a while, I think the removal of uncertainty, low PEG and carrot of potential acceleration of growth through new JV's and distribution agreements announced today, may lead to a short squeeze (7.5% short and much higher of free float).

    Only obvious downside may be if previous CEO/CFO want to unload their shares now that they are kicked out of business. If they dump at these prices that would be one of the biggest own goals I have seen in a while on the ASX and justified fruits for their 'labour', IMO. I don't think they are that stupid.
 
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