BSR 0.00% 1.3¢ bassari resources limited

Techinical and fundamental dissonance

  1. 2,532 Posts.
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    Asculpeous has put his money where his mouth is and purchased another bundle of BSR.
    Why? (because he already has several mill)
    Because he has identified a pattern that has a high probability of a multibag profit.
    Techinically the price is at a low for the past 3 years and yet the company is getting closer to being a producer.
    Few posting her have a good word to say, but in Africa time means nothing.
    It is the progress that counts!
    So here we have a great dissonance between the SP and the fundamentals.

    ...and talking about take-over potential: there will be a massive phalanx of sellers up to 5c from holders who are happy "to get out even" and so justify their trading.
    But Asculpeous, and others of his ilk will just sit there with their holdings, and adding to them from time to time when the SP sinks and wait until we have a 10- 20 bagger as Asculpeous has convinced himself that this is at least a Disallowed from here.He'll then have good retirement money.
    ...oh, I forget, already "retired" comfortably.

 
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Currently unlisted public company.

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