BND bandanna energy limited

bnd sp, page-11

  1. 24,386 Posts.
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    I hate to be the one that puts the water on the fire and/or reduce the high spirit that is currently abounding around.

    But, although I have been holding and still am holding on to my shares, I don't believe that an impending takeover is on the immediate horizon. The reason that I am saying that aloud is because IMO if someone was going to make a move on us, they would have done so, or at least take a controlling stake on the Company, while the sp was suffering and languishing at very low levels, and with an sp of a lesser values than what we are experiencing now. As a matter of facts, we have to consider that the sp has increased by about 50% or more over the last few months. So, why would anyone make a move now.

    Anything is possible in the sharemarket, but I wouldn't be holding my breath for that to happen in the near or immediate future.

    Maybe, now that we are cashed up, someone may be wanting to get in with us in a JV and are prepared to pay up for a decent stake in BND, while talks with the company about it, may have reached a stalemate.

    My opinions, so please DYOR.

    Cheers
    Buddy134
 
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