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0.00% $3.24 bradken limited

sp volatility, page-3

  1. G0rdonGekko
    47 Posts.
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    07/05/14
    19:48
    Post #: 13337013
    NAB is acting as a share broker for its HNW + Instiutional client base for short selling purposes

    They keep drifting in and out of substantial ownership due to the multitude of clients buying back and then further borrowing more stock to sell on market.

    Thats why we've seen a dip from around $4.9 to $4.00...

    If we have a good result for FY14 This could potentially rerate upwards of $5-6.
    There would probably be a violent short cover.
    BKN Price at posting: $4.02 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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