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2.5¢ balamara resources limited

Ann: Intention to Delist from the ASX, page-45

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Sabbath

10,563 Posts.

389

13/02/15

11:43

Post #: 14749336
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Originally posted by TheWay99 ↑

Well it is not worth much, but as a very high risk punt there do appear to be a few buyers here around 0.005 and below. IF you were prepared to accept the high risk attached to this AND prepared to lock away your capital for several years (not sure how long it would be in reality) THEN there may be a reasonable return here PROVIDING management do the right thing and bring the project to completion and production.

Lots of if's and maybe's in there!!

All IMO, and personally I would not take the plunge. The ASX has battered my risk tolerance in recent years!

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If they delist can you write them off as a capital loss?
If they do a capital raising once delisted are shareholders legally obliged to buy?

BMB Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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