You can come up with all sorts of theories as to why this is being sold off, for me, I can't think of anything as the fundamentals remain intact....
Lets go with the big boys playing with us smaller fry, share price pressure to relieve shaky holders of their shares before accumulating more, who knows but as funds allow I will be getting more at these low prices.
I doesn't make sense for Hartley's to be going at these low prices, but Merchants is another thing if you add up all their shares and average them out they are still in front even at these prices.
Or it could just be a case of mum and dad investors getting nervous but the volume seems to say it is more a bigger player.
All IMO
BGS Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held