Stock price is not always talking about good FA or in right industry. It is more than this. It is depends on the people buying and selling.. Most of it depend on who are the BB backing up the price or dumping the stock! It will continue to drop until it reach a good price for the BB to come in to stir the price up...
As per Yahoo's financial summary 30/9/14, Biosensor has 526.86M in cash against a debt of 304.88M. its book value stands at $0.75 per share. At the current price and healthy financial sheets, the company could be a good target for taking over. It will be interesting to know what is in the mind of the managements other than buying back its own shares.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sharonsee7
1 posts
Posted by sharonsee7 > 2012-10-31 13:24 | Report Abuse
Can somebody tell me why this share's price continue to fall from 1.2 plus?