BKL 3.89% $80.96 blackmores limited

Cracking $140 will be a consequence of next Thu update. All...

  1. 146 Posts.
    lightbulb Created with Sketch. 16
    Cracking $140 will be a consequence of next Thu update. All indications are that it will be good (the buying also substantiates this with the large number of buys over the last few weeks being submitted in 17,19,21,22,.. lots (around $2000-$2500 worth at a time which indicates funds with their deal pricing - so that it doesn't spook the price). If that is so then next stop is $160's - it will go straight through $150. That being said I think that those who bought in the $90's will be profit taking on Mon/Tue/Wed which is only sensible in the circumstances. If it goes the other way then I've suffered it once so will stay for the ride again. One of the talking heads last week indicated that there is over 2000 firms selling vitamins into China (mostly european) and the authorities want to reduce that to less than 200 - which is another positive for BKL as well as the medicinal cannabis aspect which they have taken on. Here's Hoping!!
 
watchlist Created with Sketch. Add BKL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.