Sold out on Friday for a small loss, I have already made up half that loss with re-investment elsewhere. I may look to return to BGS when we get a signal of a bounce in the SP.
But for the moment, the SP seems to be flatlining and I don't think there's anything to suggest that this will change in the very near future. Might have another good look in early 2017.
There also remains a small question mark over management, but we will see how BGS goes.
To be expected since: A) They only have six months before the option expires, and B) Because they would be keen to make better use of their mine plant.
Of up to 4 per cent.
BGS Price at posting:
29.0¢ Sentiment: None Disclosure: Not Held
