Whilst sentiment is now positive rather than negative, I don't think that the exchange or the sp will be active for a while yet. The exchange probably first but I must say that I am nervous that this lot get it right the first time. They don't really have a good track record so far. I can't see asic letting them trade and accept money from the public without a whole bunch of governance issues ticked off, least of all the inability of the directors to get sticky fingers.
IMO, I think we are still months away but I am very conservative and would love to be proved wrong.
BPG Price at posting:
0.9¢ Sentiment: None Disclosure: Held