Dear Members,
Ms. Jocelyn Bennett owns no BEZ shares (more accurately BEZ CDIs) in her own right. Pangaea Resources, of which Ms. Bennett is a director and shareholder does own BEZ shares. According to today's announcement, contrary to BEZs Trading Policy, Pangaea sold 2,430,598 CDIs.Members may recall the speculation here regarding the 1 August trading halt.
BEZ acted swiftly and suitably, asking Ms. Bennett to tender her resignation from the BEZ board. On 2 August she resigned from the BEZ board.
The doctrine of a company having a separate legal personality is not a difficult concept. See Salomon v Salomon & Co Ltd [1896] UKHL 1 https://www.bailii.org/uk/cases/UKHL/1896/1.html (On one view, it is an amazing case in regards to the advancement of corporations law). Ms. Bennett and Pangaea Resources are distinct legal entities.
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Last
9.0¢ |
Change
-0.005(5.26%) |
Mkt cap ! $37.39M |
Open | High | Low | Value | Volume |
9.3¢ | 9.3¢ | 8.7¢ | $32.05K | 359.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58706 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 58706 | 0.090 |
1 | 12000 | 0.086 |
1 | 5000 | 0.084 |
1 | 11000 | 0.083 |
1 | 8024 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 10000 | 1 |
0.092 | 56864 | 1 |
0.093 | 50000 | 1 |
0.095 | 76309 | 2 |
0.096 | 11010 | 3 |
Last trade - 15.58pm 04/10/2024 (20 minute delay) ? |
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