Remember all, Sexton and Gerlach have a low average entry price into BFC. Price is irrelevant to them
Sexton and Gerlach need BFC to survive to get a return out of script held.
Strange isn't it - 6 years of poor Board management/direction and little/no compulsion to get the business of BFC right.
So Sexton and Gerlach have recreated BFC game at 6.5c. Those in at a higher price SORRY!!!!
FY20/21 - loss will be ?? Post A2M announcements and IMF market place suspect BFC loss = $1m ++. FY 21/22 more of the same (losses) or Receivership unless something drastic is done.
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