Actually I was suprised that it held so well after the SPP. Was no reason for it to hold above $11 Most brokers etc had fair value at under $10. In my panic I sold at mid $9 only to watch it go up a couple of bucks more. Such is life but got them at $6 so can' complain.
Strange it held so well after the SPP and should have sold the rest into that. However I'm not concerned at all. They are pretty solid and while the resources keeps going they are in a very good position. I'm guessing if iron ore and coal keep going we'll see above $11 into next year. Fingers crossed.
BKN Price at posting:
$9.01 Sentiment: Hold Disclosure: Held
