I am thinking that the Asx 200 removal is part of the reason we were struggling for so gain, with a few 'substantial holdings' disappearing, I am thinking that is the cause. In the last few days we have rissen a little over 10%. Maybe the chaff is cut and there are speculators seeing the value in bkn. They may also be hearing positive thoughts about the iron ore cycle and hearing how much India wants our coal. I recon if we haven't hit the bottom yet, it is awfully close. Strong buy imho.. But have been wrong many times before..
Gltah
BKN Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held