Hi Bernard99, "Substandard" referred in the main to your incorrect assertion and comments around MY selling shares from his superfund, which we know to be incorrect.
I am simply trying to uphold the integrity of the forum - nothing personal.
From what I can see MY has raised $1M approx. Also:
CDG have gone into a trading halt pending a capital raising to solve some short term funding issues. I will eat my hat if MY stumps up hiis own money for this capital raising.
CZI have raised some funds and MY may be up for less than $50k for his share of the placement. Loose change for him.
Still nothing to see here - the main point being that I do not believe MY is peeling off his BCI stock to secure a better return elsewhere in the market.
With Cons Min still holding a key stake in BCI, any sale or big move will inlvolve them and something north of $5 and in the meantime cash is generated to facilitate debt paydown and dividends.
Where can you find a better return with risk having largely been mitigated? If you can, let me know please.
BCI Price at posting:
$3.64 Sentiment: Buy Disclosure: Held
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