Sydney
Not much point in speculating what
Share price for BDR will be.
It is my belief that BDRs finances
Are in a worse state than a year ago.
As others here have agreed cash position
Will be less than the $36.3 million
They held one year ago.
With a lot of debt still to be paid this year.
It would be astute to believe a CR
Will come...probably in FEB.
As it has come in the 2 years previous.
These guys are into protecting there pay packets
Not shareholder value.
CR will likely add another 400 million shares.
Share registar will be at 1.5 billion
At 30 cents market cap will be 3 times what is now.
Major problem is they have a low grade operation
With high grade bozos running it.
Cheers
BDR Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held