Hi JK,
No, I expecting announcements during the 10 trading days. Remember BRN get to choose the timing of the call on LDA. The better the news we give to the market during that period, the higher the SP which means more money for both BRN and LDA.
Having said that, I'm not to sure on when the 10 days actually starts. If you look at the original POA, we have 3 business days to issue shares to LDA but in this case they already have them as they were unused shares from the first call. Could be the 10 days starts today or later this week. If it is say Thursday, then BRN have a window to prime the market with some news to get the SP moving.
Should be a fun couple of weeks IMO
Hi JK,No, I expecting announcements during the 10 trading days....
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