RMC/Somers largest sharholder. John Kolenda 2nd largest shareholder of BBC and founder of Finsure. Somers 'recently' invests in Aura Group a 15% stake. Aura Group founded by John Kolenda who has other links in the real estate industry in Australia. Somers/RMC and Aura Group/Kolenda/ BBC are close. Firstmac tried to buyout BBC / Goldfields Money got rejected by APRA. RMC/ Somers will eventually acquire BBC. The notice most likely doesn't related to RMC not their style but it feels like a signal to the market: not happening unless you fork out big time....
BBC Price at posting:
95.0¢ Sentiment: None Disclosure: Held
