BMO 12.5% 0.7¢ bastion minerals limited

asic alert .... cba way inside, page-16

  1. 2,218 Posts.
    The announcement of 23 November said the loan was subject to maintaining sufficient reserves.

    It could be said that the announcement of 16 January should have been clearer on this - ie the likely downgrade may put BMO in default of its loan. However, anyone that invested in BMO on fundamentals should have been able to deduce this quite easily.

    angus
 
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