BCB 3.45% 6.0¢ bowen coking coal limited

Ann: Ceasing to be a substantial holder, page-123

  1. 4,893 Posts.
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    "and you’ve also suggested the company will have to do another CR this quarter because they’re continually selling at a loss"

    Sorry, this is factually incorrect. I have not suggested the company will have to do another CR this quarter (for reasons unknown, you keep trying to make it only about the current quarter). All I have consistently said is that I am of the opinion the company will struggle to service the entirety of their ~$82.6M debt which falls due between now and 31 March 2024, without either more Taurus deferrals or another capital raise. You are welcome to believe that I have "misconceptions" about the company's financial situation however I believe the three dot points in my post above, along with the unfortunate events of the past month, speak volumes. Cheers
 
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