At this point I don't listen to the management team; they need to start getting some runs together and restore faith.
The CR, which we will knew was going to be coming, was done at a silly time and low price. Was obvious that brokers had been keeping the price to a certain level for a while now, happy if it all ends up paying off for everyone but management has played a dangerous game with their shareholders.
Easily think the stock will be back to 6s once we are rolling with it but that easily could have been us sitting here at 6s pre this looking hopeful for 15s. Which partial is due to management over promising, not delivering and poor planning/budgeting.
Not advice, DYOR.
BNL Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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