BAS is holding fairly well, given the larger market down at the moment.
Every individual stock, comes down to, what have you got planned that is going to put tangible value onto the company books, that will drive the SP, vs any short term price movement. Those who have potentially larger pay days on their calendar, will attract their holders to retain, and to top up at any discount thereby providing support.
When markets are wobbly, you may think of it as a train station, where some reverse up, but some have the schedule of potential events that will drive them forward. Some are in limbo and dont know when their train drivers are returning, others are more action driven. That determines an urgency to retain exposure, than get off that train.
BAS Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
