BSX 3.57% 5.4¢ blackstone minerals limited

Ann: Change in substantial holding, page-6

  1. 5,056 Posts.
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    Very good news, Sam Coatham sees a strong future for BSX with this vote of confidence. My initial gut feeling is Ecopro have possibly asked Scott to arrange a block trade given they started our slide down by selling packages on-market a while ago starting at around 30c from memory, while they still occupied a seat on the Board. That was incredibly poor performance from a Board member IMO and they correctly left the Board a few months later. There's still a lot of shares left at 7c from the raise which should have been available to Nanjia, in my opinion, so these were taken up at a discount to that price at 0.0605. Will be very interesting to see what happens from here. Thanks Sam, you've increased my confidence in a light at the end of the tunnel
 
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