-Directors have purchased recently -AMP has become a substantial shareholder -Ex-div sell offs seem to have come to an end -The dividend on this share is amazing at this price (over 30% based on prior year dividend - or at least 20% based on 10% already declared and another possible 10-15% at year end) -The company is making a PROFIT and not a loss -The company does not have that much immediate debt to repay and I highly doubt they will have much trouble refinancing if they need to -The company retained profits to fund future activity (very good move) -there is NO bad news on BKN that I have come across (if you have, please enlighten me)
Overall, it ticks all the boxes.
Good luck to all those that hold!!! We will see where this ends up in a few months.
BKN Price at posting:
$1.14 Sentiment: ST Buy Disclosure: Held