Hi all Are we perhaps seeing some tax loss selling ahead of the...

Hi all

Are we perhaps seeing some tax loss selling ahead of the financial year end.

It's a bit of a reach, but perhaps we're seeing investors lock in tax losses ahead of an expected bull run on the back of higher gold prices.

In BDR's case, this coupled with increased outstanding shares and recent capital raising, we might be seeing traders unloading their short term positions.

I suspect that once the traders have unloaded and the long are once again in control, we'll start seeing further SP appreciation.

Just my opinion, but I'm also feeling frustrated with the SP.

Cheers
Ivan