BNL’s Top 20 shareholders own well over 40 percent of the company and are deep underwater having supported the company through many raises. There are about 6 individuals who own very heavy chunks of the company through nominees. Just outside the top 20 there is a group that owns a further 10-15 percent. There will be no cheap takeover.
BNL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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