Probably a touch of reality setting back in now. Plus the T+3 traders who have to settle are bailing out again.
Still, 12 cents share price is better than 5 cents, so it has been a decent rally all the same.
I think BBI's prospects, while still quite risky, are better than before. I believe that it is the potential sale of DBCT that has been driving this rally along and I think it is going to happen. A sale of 100% would keep the wolves from the door well into 2010 and even to 2011 I reckon.
BBI Price at posting:
12.0¢ Sentiment: None Disclosure: Held