someone knows something., page-5

Big volume again and what does it mean? That's the big question that only the buyer can answer. This is my opinion only and do your own research of course-PBD is a slow turn around story after almost going belly up some time ago and then taking on numerous "de-risked" Eastern seaboard developments which if all goes according to plan will return a substantial amount of cash to the company-thus reducing its risk profile and perhaps increasing its share price. How much of this will be returned to share holders is anyone's guess as previous over exuberance in regards to dividends almost made the company terminal, however, new management is likely to be wiser with finances this time I suspect, perhaps re-investing in other projects that meet it's new stricter investment criteria. They also have "legacy assets" in the WA property market which are/may be, holding them back financially. They have large tax losses which they probably intend to apply to any gains from their current developments in play, so this may mean any cash returned to the company will not have any requirement for tax to be paid-(don't quote me on this I'm not an accountant-I'm just reading between the lines and may be wrong). So if that was the same buyer then they have mopped up about $500k worth of shares despite problems in Greece and China, perhaps anticipating better times ahead and the beginning of settlements from their first project in NSW later on this year. Persisting with PBD requires patience which may be well rewarded-only time will tell-high risk/high reward. I've followed this company for years and dipped my toes in the waters when things were particularly bad hoping for blue skies ahead....IMODYOR!