if US market is anything to go by, shares are trading from retail into fund managers on the last few trading days. My view is Instos have already been picking up the panic selling across the market.
Specifically for BSX the factors of $22,000 nickel price, structural under supply by 2024, NPV expected at over $4bn, EV demand continued boom and high nickel content batteries gaining traction... anyone buying in the 40's, 50's and 60's will have bought a bargain when looking back in a year or 2
BSX Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
