Sunday morning musings... Still in the back of my mind is when...

Sunday morning musings...


Still in the back of my mind is when director Gordon Merchant quite recently bought up over 536K of shares around the $2.40 level. That's around 1.25 million dollars! Was that for show? Why such a big drop since? Did he see excellent value at those prices? Could much change in that few months since? Is that pocket money for him?

Presumably, once news comes out end of this week, he (and others?) have a trading window open again and they may be hungry for more while it's this cheap.

I'm still hopeful there was something behind the recent spike up to $1.80, and hoping for a return to $2 from here.


now... just looked at shorts - they have increased, from 1.27 to 1.53% this month - whilst that's not a huge number of shares overall, they have formed a relatively large percentage of the daily trade volumes.
http://www.shortman.com.au/stock?q=BBG
I dunno what to make of this really.