BCB bowen coking coal limited

Ann: Suspension from Quotation, page-6

  1. 140 Posts.
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    I am acutely aware of what you are saying but I can't state my thoughts in a public forum without being defamatory.
    I also don't really have recourse to chase this as a class action with respect to failing to suspend trading before taking what is now an 80% loss in a month and only now, officially making mention that security price may materially affect negotiations.

    At this point, it comes down to Taurus throwing more money into the pit at whatever terms they wish to dictate.
    Even then, in absence of commodity increases into the 200s, that's just delaying the inevitable.

    It's going to be a delayed process with administrators and now with 15M owed to BUMA, a pittance left over to shareholders.
    On a personal level, it is my fault for being married to this stock and continuing to average down (and losing the amount I have).
    I am just glad I got more than zero back at this point.



 
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