Market Cap 645 mill ... P/B ration of 11.72 ... rumors of ongoing problems ... analysts recommending it.
All = trouble to me.
I'd get out while I can. I remember when analysts were recommending Bendigo Gold because of the same info I was reading in the press and reports ... but meanwhile my father, an old mining engineer) was telling me to watch out because he could see problems. I didn't listen and lost a heap.
My point? If the analysts had have gotten off their a#@se and hunted out the truth of BDG, they;d have been doing their job.
Then there was Oceana Gold - back in 06 they were the top analysts pick for ages, and did nothing except slide.
Analysts don't know.
And the notion of 'oversold' is relative to previous peaks - and they were reached on old news.
New news says 'PROBLEMS'
It's a daytraders basketball until definitive news.
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held