From the high this morning that is an almost $24 drop... The problem though with shorting this is getting enough to make it worthwhile and accounting for the wild swings up and down it can be risky especially since the stock in an uptrend. Well done to holders but if it keeps on climbing post $200 I would be cautious about buying as all it takes is for a bit of news the market does not like and then it will be the greatest shorting opportunity on the ASX. I think if BKL got to $500 or $1000 a share then it might be worth a small shorting opportunity.
BKL Price at posting:
$175.51 Sentiment: None Disclosure: Not Held
