I don't actually own any shares yet...not prepared to jump in until the breakout gets into full swing.
lol...been burnt in the past with BPO, I was all over it when they first announced the insecticide compound and was lucky enough at that time to trade in and out for over 150% profits in just a day or two, selling at about a 32c av.
That was some 6 years ago...since then however, I have had little luck with it, getting burnt more often than not.
I do however like their potential...both locally and of course globally; there is a significant need for alternatives to current termite/insect chemical treatments.
But this is a long-term issue, short term I am interested in the technicals, which appear on the verge of a significant break, if not in the next day or so, then very shortly.
Cheers!
BPO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held