It will be interesting to watch, the capital raise is for the end of the year for monies to be spent on the plant, Unless there has been an enormous turn around, the company will not last the year with its cash reserves, or maybe they have sold the farms
I received the email re the shares, I could be wrong but the majority of investors are the ones who bought shares at 25c plus, we are hanging on living in hope there is a takeover or the very least there is a major change in the board with Sexton the first to go. I am with you though that I cant see a huge demand to go with the share issue when you can pretty much buy the shares at the right time for less than the issue will be seliing them for. I guess time will tell
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- Ann: BFC Announces Share Purchase Plan
Ann: BFC Announces Share Purchase Plan, page-16
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