BRB 0.00% 47.5¢ breaker resources nl

cheaper than spp, page-8

  1. 18,788 Posts.
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    Will history repeat itself?
    After making a few hundred dollars when Breaker first hit the news I kicked myself when it went to 70c thereabouts and seriously considered getting some when it retreated to around its 50c institutional placement...
    Instead it went to 42c and I bought a first small parcel then a couple more down to around 27c. I could not believe my luck.

    So thus time round - considering the precedent - much lower could it realistically fall ?
    What would be the advantage of a shareholder driving the price lower to deprive it's own business of working capital? (It does not seem to be being shorted)
    Any theories would be appreciated
 
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