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$2.22 burrendong minerals limited

Small volume parcels being sold, page-4

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04/09/17

18:30

Post #: 26988045
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Originally posted by toesen ↑

And that is, without doubt, true for that period.

I do not think there has been any panic selling at all -the SP would have been a lot lower.

When I sold there were many takers and since all my orders were met more or less instantaneously I actually considered to stop selling (total of 118k shares) - because of that.

However, I still prefer to be a SH in a company where things are transparent and right now it is not.

There is a group in these threads that constantly refer to "majority costs already paid" - I am yet to see proof of that for H2 and especially Q4 and I think BIG did a sheet job in their announcement to market.

BIG found it prudent to mention "Minimal additional production costs required for the ongoing delivery" in the FEB announcement but not in the FY - shame on them regardless if it is one way or another.

There are still buyers for BIG and we know there is fairly good announcements coming so a collapse is not on the cards right now -AGM and H1 will tell us the story and place the BIG SP where it belongs.

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Without a doubt some of the worst announcements I have seen in terms of transparency. So many unanswered questions and the company keeps quiet.

BIG Price at posting: $1.27 Sentiment: Sell Disclosure: Not Held
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