HI jvegasMaybe, just maybe BOA have been out-gamed by someone...

HI jvegas

Maybe, just maybe BOA have been out-gamed by someone else?

BOA seems to have been playing the mum and dads for a while now.

Perhaps someone else applied the screws and lost their bottle at the bottom?

Or maybe BOA were managing a fund which had a ASX300 stipulation - and were forced sellers. Wouldn't be surprise if a few Index Mandated Funds were still having to sell holdings prior to the end of the month (which makes todays SP jump even more remarkable).

By the tone of this letter it sounds like there is no love lost here. Maybe management stopped talking to them?

Perhaps you should reply to JL with the same question regarding the Sabre Fund and Philip Mathews?

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One another note:

From what I can tell by looking at the charting history it looks like today's trading turnover created the highest ever one-day volume trades ever for the company ~43m (over the past decade and a bit). Guess that isn't too hard given all the extra share on issue now (next highest was ~30m in 2005).

But a record is a record and should have some symbolic meaning!

Cleaned up a lot of sellers fore-sure! Nice :-)

Gus