BDR 0.00% 6.5¢ beadell resources limited

Looking at 3 month charts for both companies it looks like Great...

  1. 28 Posts.
    lightbulb Created with Sketch. 3

    Looking at 3 month charts for both companies it looks like Great Panthers prices was walked up just before the deal and that BDR's was walked down so they could make the dealer look good on paper ( 51% above 20 day vwap). Now that Great Panthers price has gone back down to where it was , the deal would only value our shares around 7 cents. All seems a bit shady and opportunistic in my opinion.   I think they'd be better off fixing the problems we have , price of gold could be due to rally soon.  DYOR.

    https://hotcopper.com.au/data/attachments/1326/1326843-c0f507f5ba45dce4a3dca4004c1fb596.jpg
    https://hotcopper.com.au/data/attachments/1326/1326846-9006919f430806d000fd5fe6cfe3cfdf.jpg
    https://hotcopper.com.au/data/attachments/1326/1326848-b91d9d6ddd6a1a2bcfb645c8466b915f.jpg

 
watchlist Created with Sketch. Add BDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.