BOM 0.00% 7.7¢ bondi mining limited

Ann: In-specie distribution - update to timetable, page-3

  1. 6,120 Posts.
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    re: Ann: In-specie distribution - update to t... there is an arbitrage opportunity that investors are not picking up.

    The company is raising $3M at 27c post a 4 for 1 consolidation. That means, equivalent of 6.75c per share per BOM share. Investors also get an in-specie distrubtion of the uranium assets which the independent expert has valued at 3c-3.5c per share. These will either be sold or listed!!

    The new company is undervalued compared to peers in the space as it is!!

    This is a gimmie at 7-9c.
 
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Currently unlisted public company.

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