BSX 2.08% 4.7¢ blackstone minerals limited

Ann: Blackstone to raise $21M in Placement and SPP, page-200

  1. 543 Posts.
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    Some of you really wear those rose tinted glasses and are too lazy to bother sticking to facts. @seraphy91 Thanks for your useless contribution, it's a pity you didn't bother to read properly.

    I was critical of CTM at the time of their raise, and have watched CTM trade sideways for 3+ months because of their poorly timed CR... sound familiar?

    But, unlike BSX, CTM never bothered with a SPP (fact), attracted BETTER investors in their raise (my opinion, therefore not a fact), and the SP never dropped to the CR price nor below it (fact).

    BSX on the other hand has already dropped below the CR price (fact), and is now missing their own deadlines on key items (fact). As you hold CTM @binwood you'd know why their SS has been delayed, and yes, I'm perfectly fine with that as the benefit has been clearly articulated by management.

    But look, since many of you don't agree with me, that's fine. What you should care about is the fact the market seems to agree with me... and I care a lot more about what the market says than those who lack the ability to be critical of their holdings. If you read what I said about the BSX CR at the time BSX has performed as I predicted. To be fair, it's performed worse as I did say $0.42 would be a floor, which it wasn't.

    While BSX struggled to finish higher today CTM was up 9%... I want both to win like I'm sure you do too @binwood but surely you must see the similarities between the two and how BSX is behaving should not be a surprise.

    Anyway, we now wait a few more weeks for the SS as per BSX's new timeline...

 
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