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I have changes my sentiments on BDR from Bullish to Bearish.
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Seems either BDR Management is too Lazy or does not bother about Mum & Dad investors. Only thing I can see BDR management is blowing others people money on massive corporate expenses & salaries. Hotels & Massage Parlours in Brazil must be pretty busy ?
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Can BDR get further worse ? I think so. It is sliding downwards. Any tiny weakness in Gold, BDR will be sub 10 cents. (History repeat itself, it has traded around 11 cents in recent years)
BDR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held