BCC 14.3% 16.0¢ beam communications holdings limited

Not sure how it will play out but the thing to note is we still...

  1. 7,363 Posts.
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    Not sure how it will play out but the thing to note is we still own half the JV - we should see some numbers in the EOFY report.

    I just don’t get RP though being so secretive on the numbers, originally I think they were paranoid about Garmin and other competitors knowing but now I don’t know. What’s their f’ing problem and a JV should have some goodwill to each other in it especially seeing as they are fleecing us out of it. It is a hindrance to us to be able to operate and perhaps raise capital again by not being able to openly show results. Not sure how the JV is written but could even be deemed a ploy to continue to enforce this to beat down our share price for an opportunistic buy. Something certainly doesn’t add up and it’s very disappointing they haven’t relented on this now that the venture is more mature.
 
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