BND bandanna energy limited

Ann: Letter to Shareholders, page-2

  1. 19,445 Posts.
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    8 months is a long enough period for everyone involved to have sucked the 70 million cash pile down to close to zero, so yes, must be time to 'sell the assets' and 'wind this up' now.

    I have an idea..... a closed single party private auction should have a spectacular outcome. Should raise a dollar or maybe two.

    COK probably next, although there is no real incentive to deliberately rush that into admin as they have little cash, much higher actual debt and hence not as much profit in it for those wanting to pick the bones. Best to keep that one listed then as the best outcome could be to keep hitting the investors for cash and stinging it out.

    The Swiss certainly cleaned up here.
 
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