Last Night's trading in Stratmin. Highlandlad in DT thread described a Resources "Panic" in London Trading that "calmed" with the Glencore "bounce". This is illustrated here
Particularly note Volume. There are "elements" here of accumulators doing a Stop loss Raid.
Perhaps IF BSM is doing a "mirror/tandem" with Strat, today could see a 11 bounce.
your chart ducati indicates around there ? Isn't BSM management having to come up with some money by end of Sept for this "deal" ? I have only a very minimal parcel in this and no research/FA whatsoever on BSM before getting onto the graphite bandwagon.know a bit about graphite sector and Stratmin, though.
Anyway IMO a speculation above 1 cent.
cheers
BSM Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
