BON bonaparte diamond mines nl

re: Ann: Change of substantial holder increas... "They will be...

  1. redcorduroy
    743 Posts.
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    01/05/09
    00:21
    Post #: 5076973
    re: Ann: Change of substantial holder increas... "They will be trading as an independant company involved in a major JV that will be rapidly appreciating in value"

    All I've learnt from this takeover is that BON and UCL shareholders are hopeless optimists who've left reality behind a long time ago.

    I'd rather MAK pulled the bid under 50% and left BON to suffer the large UCL dilution or their own raising in due course (obviously this won't happen due to the shared directors).
    BON Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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