BDR beadell resources limited

Fantastic, John. My opinion is there is going to be some 'not so...

  1. 5,803 Posts.
    lightbulb Created with Sketch. 590
    Fantastic, John. My opinion is there is going to be some 'not so great news' in the report. And the numbers were all indeed known at early July (to the right people), when strangely, on a bump of the gold price and the 'good news announcement' re MacBank / finance... the share price was/is very weak.

    I thought the high volume and weak price were the option holders selling. But the volume was much more than them. I think the inside info knows the report is going to a 'blah'. Not horrible, but not good. So they took the chance to dump.

    But we will know in a few days. Maybe. A couple times in the past, the bad news was covered through a number of announcements. My fav was the MacBank forced capital raising that was known around December, but did not 'appear' until March (if I remember correctly). Oddly in that time frame there even came announcement and details on finance, but no mention of the missing Dec payment causing a capital raise event. In fact, announcement said that MacBank had even kicked in few mill for day to day operations. So, whilst BDR missed a payment to MacBank, the annocement did not say that, just that MacBank kicked in a little extra as the mine was delayed a month or two. Again, the INSIDERS knew this and really hurt the share price for two months.

    So, there are two time frames I am looking at for BDR. For the quarterly, then I will keep my eye open for some other 'little, by the way, annoucement' that will point back to some bad (inside) news known from around 1 July.

    We will see.
    Last edited by danhoff: 16/07/14
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.