The Pitt Street Research report published by BSX on LinkedIn which gives a capital raising target of 4.8c at the very same time multiple sales under $100 which pushed the share price below where it was sitting and above the 5c real trades which were above the minimum package supposedly allowed by the ASX of $500 strongly indicate that the Company wants the share price capped at around 4.8c. This was clearly illustrated before and there was no need to ask for clarification. The Company chose to commission and publish that report and provided the data analysed to the analysts, then they reviewed the report and published it. It is reasonable to predict the market to then assume a 4.8c valuation of this stock and lo and behold here we are at 4.7c, just under the price published by BSX as a likely and imminent capital raising price.
BSX Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
