BCI 0.00% 31.5¢ bci minerals limited

a good deal, page-4

  1. 1,097 Posts.
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    Don't get me wrong, I have the greatest of confidence in Mike & the boys on the board and let's face it - they have made brilliant decisions to get BCI to where it is today but....

    In this case, would it not have been better to just float a new company to do all these M&A. All the BCI shareholders know Mike very well and would support him.

    So, if a M&A deal came up for 5% of BCI - those that wanted to support the new venture could sell 5% of their BCI shares to fund the new company. By doing it this way, those that wanted to go the M&A route could and those that wanted to leave BCI as it is could as well.

    A win-win and at least we would have a choice.

 
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