The announcement is crystal clear and if the dividend at all declared is the big question now !!
BFG normally trades at thin volume so someone can't just exit easily without taking hair cut on the price or alternative is to take slow poison to sell gradually and that is what is going on so far after the announcement.
We got MooMoo and Webull as a competitor in the trading market providing trade at $3 or $4.9 so why on earth someone pays $10 to BFG ? This competitor will most likely going to rule and take out all small family businesses in stock broking. Luckily BFG didn't wasted money on purchasing selfwealth ! but with 50% reduction in profit before tax (think about after tax profit!) the dividend future will be interesting.
BFG Price at posting:
$1.18 Sentiment: None Disclosure: Not Held
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