Fairly sure that the majority of buying for the Peter Wall team was done around the 0.2c mark while it was all quiet.
At current prices, the speculation feels like it is already priced in, and so when it moves (which I expect could be before Xmas), it may only be a 2-3 bagger, but with enough volume for the brokers to unload.
Still nice pickings, but nothing is guaranteed.
Speculation of course, but tends to be the way these Shells play out.
Look at the history of GAL and KNE (both recently done), and keep an eye on MNB (might be next and still priced under the radar.)
BUR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
