BON bonaparte diamond mines nl

Ann: Change of substantial holder increased from , page-9

  1. 435 Posts.
    re: Ann: Change of substantial holder increas... What if after MAK achieves their 51% majority stake and control of the board decide not to pursue the remainder of BON but rather let the holders come in if they want to, after all this was orchestrated for the benefit of the directors and now that they have padded their own pockets decide to rest on their laurels, what do you think happens then, Seals?

    You have written a few essays on this subject since the take over was announced but have completely ignored the obvius, this is all for the benefit of the directors and once they are secure, i.e at 51% then its game over and no better offer or third party buying on market that will give you more money in cash for your shares, its 10 for 1 take it or leave it and consider yourself blessed that cronyism is alive and well and that you can cash out of your BON shares.

 
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Currently unlisted public company.

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