huntley research, page-11

I subscribe to FNARENA as their coverage is a lot broader than just Huntley. The aggregate valuation from various analysts including Huntley is around $26ish. The lowest was $13.60 from memory.

I normally do not hold financials but from what I have read of BNB "mini-mac" they are not the same as AFG and some of the other "cowboys" in the paddock.

I will "wait" until I see a clear trend reversal and then put some money on the table.

What DOES amaze me is this though?
- today there has been much speculation in the financial press that the stock is being heavily shorted.
- the ASX own shortlist comprises BNB
- it seems the level of shorting AND panic selling is amazing. I had the market depth on screen most of the day and there was some big volumes being simply dumped.

Where the F$##### are the market regulators???? There are mums and dads super funds being impacted by this, and retail investors, and the regulator is nowhere in sight.

What a ridiculous system we have where it "seems" that the nasty hedge funds are trashing a company?

Saw some comments re lack of BNB management. Management on repeated occasions in the past two weeks have confirmed financials and projections, today confirmed that no triggers will necessarily occur at a price.....I'm not sure what else they could do?

I must admit if I were in their shoes and had the financial clout to do so, I would have found some way to ambush the "shorters". Put the stock on hold. And then launch a massive buy back on open, and burn the buggers!!!

I am not holding....but once the piano and all those falling knives land...I'm in!!!!!

Enjoy

Mark