BDR 0.00% 6.5¢ beadell resources limited

Van Eyk enters Administration

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    Van Eyck has been a reasonably large trader in BDR, but has now gone broke. Van Eyck If I remember correctly sold their holding out a couple of months ago very recklessly if as I say my memory serves me correctly. They were perhaps one of the main principles in the sell down. I could be wrong on that but they did sell out quickly a couple of months ago. Perhaps BDR will be better off without them.



    Van Eyck Enters Administration

    Mon, 15 September 2014 | Staff Reporter
    "The decision by the company to enter Voluntary Administration follows the recent and sudden closure of the Blueprint Series of managed funds," said a statement released today.
    "This has presented short term financial challenges as it is currently structured to the parent company, van Eyk Research Pty Ltd and the Company determined that the prudent course of action was to enter voluntary administration," said van Eyk.


    http://www.investordaily.com.au/36259-van-eyk-enters-administration
 
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