After looking very sick for quite a while, it has rebounded strongly after hitting 16 today.
Buy side has gathered alot of momentum and is now looking ok at 19c. Total buyers is 676k v sellers of 417k.
It will be interesting to see if BNTO is in the money by December.
A reasonable quarterly report should see them well and truly in the money by Christmas as they are currently trading at a forward pe ratio of 2!!! Mgmt have not retracted their forecast of 10m profit as yet...
Cheers
Add to My Watchlist
What is My Watchlist?