re: 5 yr high - resistance?
Hi Kirril. Recently there has been a worrying pattern where the options have been trading at a discount to the head share on many occasions . I sold out . I believe that the best way now if one wants to be involved is to go in via BPCPA picking ones entrance time when there is no premium to the head share and there is a correct Chart upswing on the way. Therefore the window of opportunity will be small and one buys in at a market 'wrong arbitrage type of pricing' in effect. Do NOT forget the currency movements are difficulyt to judge US $ /AU $ in the main and if they have made a 'pigs ear ' of any of this on the swops their profits could be adversl hit.I like the management however it is not all plain sailing as to get any EPS they need to more than pay for the High interest rate cost of the Goodman aquisition . I hope they continue to slash their cost base without a chop in turnover. Best wishes B2
BPC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
