$1 in no time
I bought the BPCPA's in Feb at 48cents.
My target has been $1.
I also just converted my BPCO's today, which I thought would push the price down.....but the market is buying the Graeme Hart story. Due to a lack of confidence in other management, my money will stay in Burns Philp for many more months to come, as I dont see very similar opportunities in the market at present.
I have moved my price/exit target to $1.30- $1.50 range.
Good luck.
Kiril
BPC Price at posting:
0.0¢ Sentiment: None Disclosure: Held