BPP 0.00% 0.5¢ babylon pump & power limited

profit to justify 2c share price, page-7

  1. 10,598 Posts.
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    Well not quite. I did a trader at 0.22 and 0.26 entry some few weeks ago and sold them for a profit just before the trading halt. I just trade if I dont understand the co but the Technical Analysis attracted me to IMI. So I was not in until immediately after the announcement.

    I thought the announcement was good. The market was obviously awaiting "something else".

    That "something else" (whatever it may be) should still be expected by the market and therefore the SP should still resume its up trend IMO.

    Unless someone was expecting a buy out ? If that was the expectation then the SP would have gone up heaps more.

    I still think there is more to here (just a gut feel I suppose)

    Sskim



 
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