It's been a little bit over a month since major announcements into the Gladstone Steel Project. The more I looking into it the more I feel confident about the outcome of this project. Both ABS and BGD are no doubt serious about it especially after the SBB Steel conference presentation to the Middle East nations. Apart from the business side of view, ABS is committed to go ahead and now they have presented the project to others, backing down from it would probably be considered "loose face".
So BGD holders, whether you are long term or short term, be patient. If you have bought into BGD on the day of rush a month ago, hold on to it. The lack of volume and steady SP range since the rush a month ago tell me that when the time comes, you will be greatly rewarded.
Now, let whatever bots and the person behind it do their own thing. As for me, I ain't selling.
*My personal view only. Please DYOR*
BGD Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
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