Last year the vote for incentives passed. After passing, there was newsflow and some thought it was due to the passing of incentives. A year on and it's like events at company level either stalled or at best slowed. It's now time for more requests for incentives. Once passed there may be a repeat on the news flow front. Expect that the request will pass rather than if.
There may be genuine reasons for delays but if so, better communication informing the markets would at least provide a bit of reassurance.
Some time back on a train journey the train stopped for no apparent reason. Whilst it was rather frustrating before we were told as to why, once the reason was announced, those on board became less agitated - the driver stopped the train due to injured wildlife. Simple things can alleviate anxiety.
Meanwhile sp not only stopped going forward but back below 3c and with tax loss selling yet to come. Helium helium where art thou?
BNL Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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