I hope Beagle hasn't run out on to the road and been hit by a car.
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I hope Beagle hasn't run out on to the road and been hit by a car.
Just a wee reminder to holders, take a look at the 52wk BAL trading range, $5.04- $23.07,nuff said.
The shorters on the aussie open will be what i'm waiting for before i top up.
Analyst average sales forecast for 2018 was $945m. They may go close to this but to be honest this was not the sort of trading update I hoped for.
I admit I was in the $1b+ camp. That said the SP reaction seems a bit overdone to me. Nothing too shabby at all with sales growth of 70% and its clear they're investing money in marketing growing their business over the long term going forward.
I'm not panicking but not buying either.
more on The Gap(s).. Gap 1 is shown by the blue line. Gap 2 is the red one. and there's a third Gap today (pink) but not so relevant as is has already been filled.
Gap 2 was filled in early April. Gap 1 is not yet filled and would suggest buying at $9.50, which is also where a lot of support would be found from previous sellers at that level.
hope this helps explain the comments a little more.
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