I have been too busy researching the various arms to BPO's empire to look at my usual simple indicators of what to expect tomorrow...but here they are
At the close
Bid : 16.2 mn
Offer : 1.9mn ...the 1.9 mn is offered in only 11 packages upto 4.5c
So bids are 8 times offered.
Simillar story in the oppies
16.7mn bid
3mn offered
Ok some of those bids are away from the market price ..... but these are the bids that are likely to be raised if the owners of those bids actually want some BPO / BPOOA.
It is not so often you see a stock close at a high with record trading volume and bids leading asks by 8:1 in favour of bids...
It really does look like we have another flyer on our hands for tomorrow morning.
Good luck
EB
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