If this is the likely result then the Fund Managers are looking at this and are awaiting the trigger to load up. I dont believe hey hold much of this stock either at tis point in time.
I believe the mid-cap portfolio managers are discussing this as we speak and their reaction will most likely happen after the annual results that are due the 19th August and also when BTA comes into the ASX200 shortly thereafter.
Stock Analysts react to past history and are not good at predicting future drection. They cannott shut the gate nor open the gate either.
Watch this space
BTA Price at posting:
$2.04 Sentiment: LT Buy Disclosure: Held
