BSX 21.6% 4.5¢ blackstone minerals limited

Ann: Extension of Closing Date - Retail Entitlement Offer, page-19

  1. 1,680 Posts.
    lightbulb Created with Sketch. 294
    They get a lots of the shortfall shares by people not taking up their entittlemtn because of the SP held around the offer price of 7c

    They are also privy to much more info than you and I and probably know about the JV and when news will drop.

    They sell on market when the news drops and probably make 10 to 25% on the short fall shares they picked up that could be well over $1m worth.

    BSX gets screwed again..

    Well played Scotty, I have told him about this game and hope he realizes the shortfall must be kept in safe strong hands or even better not issued and wait for better times..
 
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4.5¢ 47586 1
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