BLV 0.00% 1.6¢ blossomvale holdings ltd

sell down continues, page-4

  1. 1,371 Posts.
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    If it ever gets to $1.20 then it can get to $2 or $3, so I wouldn't be selling at that level, because it would mean that the company is actually doing well. But that seems a long way away right now. The SP is behaving as if it's that of a company that is fighting for survival' not looking good at all, as much as I like the company too.

    Without any solid contract announcements you can expect it to head even lower until the yearly results come out and people know where the company stands - we have been in the dark far too long s naturally doubt and fear have taken over any possibility of a turnaround in the short to medium term.
 
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