I was wondering if I am the only one who was unable to read those numbers written as 3,000 thousand (why wont you write 3Million).... BTW - I took a small punt at 0.86 cents but its a short term trade and can expect it to go either ways....there has been something fishy about BSA (all red flags)and the market crash reflects that.....There was this tiny buy in from the from the chair who resigned, then they have the result date postponed, the analyst call is cancelled and if you try to read the half year report it tries to hide things without being clear (including the new format of numbers) where the missing Cash has gone in the last six months....they have eroded their cash position and being a low margin business puts it at risk..... Another risk is 3 funds hold majority of the shares....if NAOS decides to offload there is a huge downside, in this market they will be hammered if they attempt to buy the dip as they have been putting in their newsletters BSA has been underperforming...... The only option may be to do a capital raising, which in my estimate will not be any likelier than 3-4 cents per share...... Waiting out for next 2-3 weeks may be prudent for investing.....
BSA Price at posting:
10.0¢ Sentiment: Sell Disclosure: Held
(20min delay)
