BSX 0.00% 4.0¢ blackstone minerals limited

Ann: Change in substantial holding, page-9

  1. 152 Posts.
    lightbulb Created with Sketch. 41
    Question to the crew here, has there been many instances when an institutional holder continues to increase their position to the 20% threshold simply on the basis that they "like the company" or "feel its undervalued"? Don't forget the very recent $350 million BHP takeover of a Canadian miner that is playing in the Nickel sulfide space.

    In punting terms and I love my nags hence the name Zipping (one of my favorite stayers and has a race named in its honor the Zipping Classic at Sandown) follow the money could be very relevant here.

    IMO the German institutional investor(s) see a quick "kill" here as how much longer does BSX avoid the attention of a major or two, doesn't take Einstein to work this out.

    Give us the upgraded resource statement Scotty? That's the catalyst IMO.

 
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