To the Moon Alice!Up .. Up and Away!
It looks like Jennings has slowed up on the selling binge that they have been doing lately in around the $1.07 to $1.18 level, however that said, I'm sure that there are others waiting in the wings to resume the role of dumping shares that were purchased at loftier levels.
Does Macquarie a major buyer of the stock know something that we don't .... even with nothing of real importance "news releases" they are obviously stepping up to the plate and buying large quantities of BNG from the lows of $1.05 and up ... of the 362,000 shares traded just in the last 4 trading days 54% was taken by Macquarie
They have been patiently waiting for the sellers to come to them ... not chasing the stock
I'm still a firm believer that this is a wait and see stock as it shows that there are some deep pockets that have confidence this SP will slowly grind higher .. there's no hurry ... things will evolve as they may and hopefully I'm right.
Cheers