BIG 0.00% $2.22 burrendong minerals limited

Okay maybe it will maybe it wont. Facts are however that lots of...

  1. 474 Posts.
    Okay maybe it will maybe it wont.

    Facts are however that lots of allegations were made against BIG before it went into a trading halt.

    Looking at the SP movements on 31 Jan it was at $3.69. Before going on suspension the price was at $2.22. In other words the market had already responded to the negative news and allegations before it went into a halt which resulted in the 40% drop to the $2.22 SP it was at last time.

    Well BIG has already provided the answers and assuming BIG gets the all clear from ASX/ ASIC etc to start trading I expect there to be more buying then selling. This is all my opinion and I could be wrong as people could always get too worked up with all the negative reporting and just want to close their positions.
 
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