problem is all they major buying seems to be coming from one person. there is no momentum following it with the retail investors punters traders etc
all seem too be scared.
therefore it looks like it may stay here till sentiment improves.
if it fails to hold and break through these levels i fear it may drop back.
short term catalyst would be announcement of director purchasing.
or some announcement showing a strengthening balance sheet
clarity on D4E proposal.
something is holding it back, i don't think it's fundamentals, there are others in a worse position doing much better.
A mate pointed out this comparison:
http://au.finance.yahoo.com/q/bc?s=BEC.AX&t=6m&l=on&z=m&q=l&c=vpg.ax,bbi.ax,^AXPJ
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