Everyone says market can amuse you; the unpredictability of Mkt is astonishing. But I see the Mkt is actually very predictable for institutions. It's the retail traders who are always in the wrong side of the trade. Why? Because: retailers don't think collectively. And institutions always manipulate market according to their standing. There is no reason for BLK to be as low as 8c let alone 6c. But it is: cause the institutions dump it. They used the overreaction of the March report. There are tons of explorers in ASX who has double/triple CAP then BLK and they are burning cash while BLK producing. For the holders: just hang on. This is the bottom in my opinion.
BLK Price at posting:
7.0¢ Sentiment: Hold Disclosure: Held
