BSX blackstone minerals limited

They went from having a 14.62% ownership of the Company to...

  1. 5,502 Posts.
    lightbulb Created with Sketch. 300

    They went from having a 14.62% ownership of the Company to 22.36% - it didn't cost them much for such a massive increase in their level of ownership and while it absolutely 100% is throwing good money after bad, they now have a decisive level of control over BSX and it's assets. If they wanted to play corporate raider they could easily turn a profit. Just get rid of Scott and process the massive sulphide veins and the MC would soar. Do whatever they want to later. It's essentially their Company now, if Scott really did manage to give $10m in shares to Canada Nickel for Wabowden they could team up with them to delist it in Australia. There likely really isn't any need to be listed on the ASX from the point of view of those players, Nanjia and Canada Nickel. It's a perfect target for a corporate raider right now as the MC doesn't reflect the value of the existing plant or the MSV's which it is designed to process.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
9.2¢
Change
-0.004(4.17%)
Mkt cap ! $63.13M
Open High Low Value Volume
9.3¢ 9.6¢ 8.9¢ $112.9K 1.228M

Buyers (Bids)

No. Vol. Price($)
3 40579 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 4500 1
View Market Depth
Last trade - 15.55pm 16/06/2025 (20 minute delay) ?
BSX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.