We can expect FY 12 guidance to be released with the 2011 report later this month. Support in this choppy market at 23 cents , previous resistant over the last 16 months was 22 cents and was respected as support on June 1st. Nervous holders shaken out last week so would expect SP to re commence uptrend with a solid base at 23 cents. FY 12 may be catalyst for next leg up especially if Roger Montgomery throws some more rocket fuel on BGL after the guidance is released.
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We can expect FY 12 guidance to be released with the 2011 report...
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12 | 153074 | 1.320 |
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21 | 215118 | 1.310 |
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1.345 | 56938 | 1 |
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