No idea, presumably those concerned about managerial region governance and licensing compliance. And those pivoting To the Pro Labor stocks given the new Government down there but really I do not have a clue who has been selling.
If I had any stock I would have sold as soon as the Star Inquiry stuff had implications for the Boral executive, reputationally the executive’s reputation was trashed the minute the Star inquiry came out.
No amount of peekaboo articles in the AFR air other were ever going to do anything about that. and the Vik Bansal appointment came too late and is too long dated December 2022, maximum risk til then of something bad happening IMHO but pls DYODD.
Why buy now when you have until December 2022 and the incoming Bansal regime to wait for? Why would BLD Abe a FOMO a stock until December 2022?
BLD Price at posting:
$2.65 Sentiment: Sell Disclosure: Not Held
