BMN 3.77% $2.48 bannerman energy ltd

its capital raising time!, page-10

  1. asf
    9,887 Posts.
    Hard to see why a company would prefer a capital raising @ about 30c to a potential T/O offer of 61c. Maybe they're trying to put pressure on Hanlong to make a T/O offer prior to the meeting?

    As to people selling, shareholders have been given notice of a potential capital raising. Nothing like a CR to give incentive to sell.
 
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