THC has gone through placement and is now going through an SPP which should put some downwards pressure on SP. But this timing wise and still in the right sector so should recover on the FA.
BDA has completed their placement which was private and hopefully we will churn through the remaining SI placement shares which I don't think is alot left. From then onwards it should be a gradual grind up to FA peer valuations.
BDA slightly off markets radar as compared to major MM sector leaders.
Looking forward to the quarterlies to see growth in revenue.
BDA Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
