BWN 4.96% 57.5¢ bhagwan marine limited

spins off non coal projects, page-4

  1. 5,048 Posts.
    seuss,

    i agree that the non coal assets aren't attributing much if anything to the share price and nore should they.

    i guess the point i was trying to make is......where is the detail?

    ya just can't "strip assets" from a company without a return to shareholders via a distribution (not a priority allocation) or alternatively bwn retaining a significant interest in the new vehicle which is pointless i think.

    maybe i just need to be patient and wait for more news.

    cheers

 
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