Funny thing is that if BCD have secured a funding facilty of say $15m that is not in exchange for shares at 2cents, then that share price should actually go up substancially i.e. there is no share price dilusion. The MAK deal was a desperate rush job. Lets hope whoever is in change now have secured a much better funding deal. I joked about the Tasmanian government providing such a facility. I wonder if BCD shareholders could be so lucky after all the BAD luck. As I said in my previous post it would make great comedy lol.
BCD Price at posting:
38.7¢ Sentiment: None Disclosure: Held