To new shareholders of BGS – wanting to vote 'yes' instructions, page-147

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pier1

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21/03/17

20:52

Post #: 23523648
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Originally posted by Barneydebear ↑

For someone who no longer holds, they (jb) certainly is passionate about defending their right to say what they think...

As I was laxing in the therapy pools and having a water jet massage my back, I thought about JBs concern of the SP dropping after tomorrow for what ever reason... And it reminded me of (I think) Brixet, and how our SP dropped to around 23c before jumping back up for a par close...Or did it close half a pip higher??? Now back to JBs concern... Sure, the SP might drop on low volume, but I doubt very much there would be a rush for the exit doors... As we have all jokingly said about good news and the SP drops...It's got to have a basement EV sometime and with news of Randgold only 4 weeks away, it's highly unlikely that the VWAP would drop significantly on high volume... So JB could be right that there maybe some who sell, but I'm certain that if the SP drops on low volume,it'd only be a matter of afew minutes or hours before the SP bounced back up...To many eyes on Bags to watch a gift horse in its mouth... !

Besides that argument...I'd like to see myself try n buy a million shares at this week's average price...Even JB couldn't buy half a million without pushing the SP a pip or two higher...You imagine if Tom Dick or Karen, wanted to buy a piece of BAGS,,, there's no way in hell the SP would stay below 30c !!?

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Nervous Nellys and Weak Hands would have exited stage left by now as soon as this kerfuffle started, so I don't know that either vote outcome would drive SP down.

Last edited by pier1: 21/03/17

BGS Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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To new shareholders of BGS – wanting to vote 'yes' instructions, page-147

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