BDR 0.00% 6.5¢ beadell resources limited

@sydney So much for your prediction of closing price at or above...

  1. 950 Posts.
    lightbulb Created with Sketch. 402
    @sydney

    So much for your prediction of closing price at or above .195c or 20c above.

    I am shaking my head in disbelief.
    Who were these sellers all day from the start.
    Why were they selling.
    What do they know which we don't.

    Being Friday, I can understand profit taking around the sector which there was a lot to take on stocks which had a stellar run.
    But who would be taking profit on BDR shares. The eff.... da...m thing hasn't moved at all.
    This stock has become an embarrassment. Proves me wrong and many others everyday.
    Only the short seller make money out of it.

    Today's share price action has got me very worried now.
    Even with the downgrade of 50k production the share price should have found some support from a rising gold price. It hasn't and the sellers are still dominant.
    Which leads me to think the production will be barely above 45k and the AISC much higher than USD $1000. If my speculation is more or less plausible, then a CAP RAISE is most certainly in the cards.

    So much for Chairman's statement " A transformational year for BDR"
    Simon Jackson's " Successful Turnaround"

    Share price still at the lows.

    In my eyes the management are loosing credibility.
    I regret believing this management's promises and investing so much of my hard earned money in this company. Big Mistake from my part.
 
watchlist Created with Sketch. Add BDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.