BMT 0.00% 24.0¢ beamtree holdings limited

Rick.I respect your sentiment and appreciate your frustration (I...

  1. 14,867 Posts.
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    Rick.


    I respect your sentiment and appreciate your frustration (I too have made a significant investment here), but let's keep the discussion to BMT please.


    IMO, board and management will use this quieter period to fully assess all opportunities and do what all good players should do; "buy at the bottom". I mean lets face it, even with a cracking deal, in the current "risk off" climate all good news will be swamped with selling and the flame that we're desperately trying to nurture, will be well and truly smothered.


    I believe global markets are heading for a sustained "bear" and will probably take a couple of years to fully sort themselves out.

    So, do we have to wait another couple of years? Of course not. I do think we need to wait until punters have fully accepted the new 'normal' though and discerningly allocated their hard earned investment dollars.


    Let this water pass under our bridge, preserve capital while it's unfolding and then hit the ground running early 2019.

 
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