BSX 0.00% 4.5¢ blackstone minerals limited

I see the 500K at .07 has been removed. Put the frighteners on...

  1. 604 Posts.
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    I see the 500K at .07 has been removed. Put the frighteners on retail yesterday, keep the price below 7 and kill appetite and there is a block of 102 Mil unallocated shares if "retail" does not step up.

    Back of envelope. Lets say the bigger players do step up and 50Mil remain unallocated. Thats about %8 of the company for 3.5Mil AUD.
    Sounds like a good deal considering assets and project potential, could not accumulate that on market without moveing the share price.
 
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