Thats the only way I can explain this....we researched, we researched some more...and then we went and did more research.
We are watching Poerty in Motion. Accumulation at it's best.......I don't think I will see the likes of this again.
If the Americans are the big buyers....I for one, can say I have learnt alot from watching.
I dont think we are seeing a lot of churning...(a few traders for sure)...but this is selling out at target action, and being mopped up every day/every step.
At a guess....if 18.5 goes, she will pop over 20...and be looking at 21-22 to settle again (from my paper scribblings).
A major rerate of BLR is now imminent (IMHO) as the sellers become less and less with each day. (number of shares in shakey hands that is)
Only my thoughts....please do not take literally.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
