BCB bowen coking coal limited

Receivers Playbook

  1. 736 Posts.
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    Highly leverage the Business
    Director (s) Resignation - Distanced
    Orchestrated (rapid) sell- down
    Act of God/Act of Man event to ruin cash-flow
    White Knight appears offering to take on debt
    Unreasonable offer to Holders - Gun to head
    Directors vote For
    Sign-on Bonuses offered
    Holders wiped out
    Contract/Contractors transfer seemlessly

    Plenty of levers available at Mine/Transport/Port

    Blind Freddy can see this one coming
 
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