Looking at trading volumes in the last couple of days suggests that someone is soaking up stock at the 37.5-38c level.
Wouldn't it be great if we got an ASX announcement that indicated Directors had been buying.
Well, dream on, they have rarely bought shares on market because they clearly don't feel the need to spend their own funds to demonstrate their confidence in the company - given that they can just stick out their mitts for more cheap options every year - and we foolishly agree to the REM Report.
How dumb are we?
I can't wait for the next market update due out within two weeks.
It should show burn rate and current cash balances - but i would not be silly enough to expect an update on anything that shareholders would really be interested in............
GLTA & DYOR
BNO Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
