An intriguing trading session yesterday. There is definitely a seller at the current price range. The announcement of the one hundred plus million cash offer is being ignored by the market. If the penny drops and the market wakes up then shares in the current trading range will be classified as belated Xmas gifts. I will continue to accumulate BGS as my valuation of the company is well in excess of twice the current valuation. When the big seller disappears into the rear vision mirror then a more realistic valuation will be attributed to the company. Bargain basement prices were hit at the close yesterday.
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- The Australian write up on Birimian
The Australian write up on Birimian, page-3
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