I'm still in for the ride. I anticipated some profit taking around 7c mark. From my very basic trading platform I can't see any large seller(s) and this looks good for some further appreciation.
I'm not a technical analyst but looking at a 2 year chart and taking into account the capital raising and some discounted work already on the table, the SP still looks low IF I can assume a full and growing order book is on the table.
The key technical and value point (from my perspective) is a PE ration of something like 2 where the industry/sector average is in the 6 to 7 range.
Good luck to all ________________________________________________________
Just speculation. Not investment advice
BDL Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held