Asx price action is generally a lead for Frankfurt... So unless your having a bad night sleep, prob don't bother. The recent placements albeit semi revised ones, are a strong sign of major investor sentiment. allocation of the balance of the placement between now and the next Ann will be a confirmation of alliance with Chinese, that being said, the market is obviously awaiting an official nod from bgd because of the previous project cancellation in Ipswich and prolonged timeframe in Gladstone. I have a strong belief in bgd, they would not let go of abs if they didn't have at least a strong wink from the Chinese... For a specy stock dougie dog, your money is in a pretty good spot, your investment should be worth 800% more in stage 2 production going by today's prices... However it is a specy stock so patience, and common sense is needed to hold. Eg. You should set yourself a price where you need to consider selling. I don't know your investment style or strategy, and being a novice myself I'm not going to tell you how to suck eggs so they say... A stop loss price that you believe is strong yet defensive sure helps you sleep better. Looking forward to the coming weeks...
Either way we will have an outcome...
BGD Price at posting:
10.0¢ Sentiment: ST Buy Disclosure: Held
