tc its the sell order for 1.5m shares at 1.9 that is raising eyebrows.
someone is happy to take a decent hit to get out of this. i doubt very much it is an insider, otherwise they would have finished off their order today.
but it certainly makes it tricky for the sp to recover organically from here, as it pushes the margin for return to difficult levels. even the cheapest are now looking at 50-100% appreciation from these levels to make their money back.
poor form by the company to ignore the fact that lack of communication is turning it into a 1c stock.
BUR Price at posting:
1.6¢ Sentiment: None Disclosure: Held
