re: another corporate rort?
If I was shareholder I'd be seething also.....it's BS if you ask me!!!
Price stabilized at around 70-75c for ages. Then a few days before this sudden announcement by Blundy the shareprice gets HAMMERRRED all the way down to 56-58c in a couple days! The Blundy announces the privitisation of BRZ at 78c - on face value one would say wow that's a big increase from 56-58c but let's not forget that it was only there for a day or so at that price and previously the shareprice had stabilized at around 70c. So one should ask themselves, if the shareprice was 70c, would 78c be a fair value for the takeover??? Me don't think so!!!
Sounds like something fishy from Blundy's behalf I reckon!!!
BRZ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held