This thread is now boring. Who knows the current future direction of BOW's sp. It could be said all CSG stocks are being 'manipulated' to some extent.
I remember QGC getting smashed day after trading day before the ann that it was being taken over. Obviously this is in the bidders interest, as they always say hey this bid is BIG % increase on the previous trading price. However it might only be a small increase on what it was 2 months prior to that.
What I'd like to see is an outstanding short sales position on BOW, not the daily.
As tui would say, trade this one at your peril. These prices do look attractive to me, but the NZD/AUD cross is looking a bit expensive.
Mr D.
BOW Price at posting:
98.0¢ Sentiment: LT Buy Disclosure: Held