BND bandanna energy limited

share price

  1. 175 Posts.
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    Cannot get over this share price. I relaise all forms of coal are on the nose however this thing has $105 million in the bank!! Trading at nearly half cash. Obviously they are spending $7 million a quarter however someone could make a play for this at double the share price and fund it nearly entirely out of BND's cash pile. The suitor could sit on the asset for better times. Dont know what the catalyst will be for a pick up in interest for BND. Frustrating however.
 
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Currently unlisted public company.

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