On 13 October 2016, the Company announced that it had successfully developed new video autogeneration technology which will have a substantial impact upon the cost structure of the business through significant production efficiencies. This announcement clearly positioned BIG as a disruptive video technology company rather than a video production services company and has been the basis for presentations delivered during the last week.
I am not sure who do the selling but good luck to them because they might have to buy back at higher price.
BIG Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held