Satellite companies are adding to the woes, perhaps one cause, of which I'm sure there are many.
Your comments were concerning MQG however, You may have the last laugh when MQG suffer a similar fate - I'm sure I'll remember, and I'll have my laugh when they are $80. Happy trading.
As for BNB:
Souloy said
"Last 12 months have shown a company is only worth as much as the market wants it to be worth....and highly leveraged companies are easy targets for the hedge funds to bring down.
I wouldnt be buying right now because the market has lost faith in BNB business model and management and until its satalite funds start performing BNB wont."
He aint far wrong.
IMO reackon BNB is a bargain right now, but the market doesnt agree.
Cheers.
Always surf'n the clouds - search'n for blue sky....
BNB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
