There's still plenty of of buy depth at 14-15c at 2 weeks before Christmas. It's that period around Christmas until sometime in January/February or when news is published by the Company when the price usually languishes here. Will we be seeing another notice of selling from Ecopro in the lead-up to the holidays, that's the question, no block trades have yet been organised for their orderly exit and someone posted data showing the broker they use has been selling recently so a notice could be coming. This festive season could very easily present the cheapest BSX shares since the pandemic began. It's very undervalued already, the plant and equipment is operational and has been added to with the pilot, then there's our cash at bank and investments, NC1 is benefiting from BHP's takeover of Oz Minerals and the nickel price surge and CDR is looking good for the rare earth project. It's just the issue with Ecopro leaving in the manner they are and more suitable partners are yet to sign, likely because of Ecopro's direction not aligning with the Company it held a Board seat in and therefore were always part of the negotiations, likely running interference to try to get their own way.
BSX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
