Another 100k for me at 10c. Best shell on the ASX? Must be close to it. BSX holding so many isn't an ideal situation really but those oppies at 30c and performance shares at 40c VWAP make me think it should head there before they dilute the buggery out of the register. PAC, Westar and 708 Capital all helped list this and in my experience all have loved a good pump over the years. Plus the people that link to VMS and BSX which have both done well at various stages of their life. I could be completely wrong on this one but gotta be in it to win it. I see 35c-45c as the potential upside. I see 5-6c as the downside risk if they decide to spend most of the cash before they vend in a new project. There is also the possibility the market is trying to shake off as many BSX holders who took entitlements as possible before a run. I've swung very hard here, let's see.
CDR Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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