BTR 5.88% 1.8¢ brightstar resources limited

Ann: RIU Sydney Resources Investor Presentation, page-8

  1. 74 Posts.
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    Interesting question.
    I think at the moment its a little tough to calculate. Theres a lot of moving parts with the merger between linden and BTR. Theres also the KWR M&A as well as Linden and Lord Byron M&A to consider.

    Linden was tightly held with founding partners, chairman's list, cnr stone (SBM) and some high net worths.

    BTR had done a lot of raises through the old management and was originally Stone Resources (SHK). The company is in a vastly better position from the dark old days, but the registry could definitely do with a clean up. Mergco announcement had a 50:1 consolidation suggested.

 
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