BUL 7.14% 5.2¢ blue energy limited

panel declines to conduct proceedings, page-4

  1. 872 Posts.
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    Onyx

    The following link explains the situation fairly well:

    http://www.businessday.com.au/business/legacy-holdings-still-troublesome-to-anz-20090810-eflu.html

    You can draw a number of likely scenarios from the situation; the worst of which IMO are relatively are unlikely. Important to note is that this situation in no way reflects adversely on the fundamentals of the company. But it does relate to control and influence at Board level. IMO Blue in the right hands remains a very exciting prospect. Again IMO any negative impact on Monday equates to another good buying opportunity. Cheers MW
 
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