So Blue have 75% of the Maryborough now and are burning cash like they have 100,000 bpd production . No voluntary wage cuts .
Beach have 25% .
Are Blue intentionally running this thing towards the rocks in an effort to take advantage of the ASX's increase in placement capacity from 15% to 25% to let their mates in at some obscene 2.?C per share price .
How much of the Maryborough is going to be left for existing shareholders after all the dilution has taken place ?
BUL Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
