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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)
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