Kick on son, page-23

CHAMP is running out of time and more than 50% of shareholders will hold for prices over $3.50. Many are long term holders who understand the high added value nature of the business and are well underwater on their long term shareholdings.

The CHAMP-aligned BKN directors all disappeared last year and Sigdo Koppers is flatlining with troubles of its own ( http://www.sigdokoppers.cl/inversionistas/ ). CHAMP was targeting a sales/merger with SK's Maggoteaux business but that's now unlikely. In any event , BKN Chair and Directors could do any deal direct after 31 December 2016 and cut out the middleman.

CHAMPS syndicate members are losing opportunities while their $$$ are tied up in BKN with almost ZERO change of a cheap capitulation of shareholders. They should look elsewhere as the gate shut on this one after the AGM last year.