BC8 2.11% 48.5¢ black cat syndicate limited

Ann: Gold Coast Investment Showcase Presentation, page-17

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  1. 12,289 Posts.
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    Hope we see mid 20c range as i am a buyer of 450k more shares. I mean that since I'm not a trader. That's half the discounted placement price. If people are this desperate and dateless i intend to have a swing at mega discounts. Nothing is wrong with the company at all, its sentiment. Buy the fear and deleveraging imo. These funds are getting killed in resources and i think redemptions must be on fire if watching listed fund managers is anything to go on. Someone's loss is another's profit at some stage. Markets will overshoot either way during the course of adjustments. Markets probably going lower in the mean time. Sellers here must be getting creamed. If the market sees a toll treat down the track, i think its the bottom squared. Time will tell.
 
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