BSX 0.00% 2.8¢ blackstone minerals limited

Ann: Blackstone to raise $21M in Placement and SPP, page-36

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  1. 1,862 Posts.
    lightbulb Created with Sketch. 170
    Extra Liquidity isn't always a bad thing. 59% of register held by top 20 by last report.
    8 Million going to fidelity will be "sticky hands" i can only assume. An extra 3mill going to holders via SPP, again assuming majority will hold. Only really leaves 7Million or ~17million extra shares on issue at 42c to other "investors".

    What i do wonder is if our German friends or ECOPRO were asked to participate or if their holdings will be diluted somewhat.

    And final thought, 2 weeks left until MRE or Scoping study.

    BSX on the radar big time.
 
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