CE1 0.00% 0.9¢ calima energy limited

Mate, I hope you're right on Blackspur being sold and soon. My...

  1. 1,239 Posts.
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    Mate, I hope you're right on Blackspur being sold and soon. My personal feeling is they won't sell it, not unless it's a ridiculous number (and why would anyone pay over the odds?) for the simple reason Whiddon, Freeman & De Mong are all pulling generous compensation (cash & equity incentivised). Whiddon has a decent holding it's true but none of the others do when you compare it to multiples of their remuneration. As to the timing of any Blackspur sale if it happens it won't be in the immediate future. The on-market management purchases of the last few days would be a clear indication that any corporate overtures are at least for now on 'ice'. I base this solely on insider trading prohibitions.

    Thanks for your posts- always balanced, factual and reasoned
 
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