re: Ann: Notice of Extraordinary General Meet... If you havent read the background sections I suggest you do. The new cnote will give RCF claim over all bmn assets for only $4m.
If BMN fail to satisfy the terms of the arrangement, they could lose the lot. The enterprise risk of BMN just jumped up a notch.
The new security will
comprise:
- a charge over all of the Company’s present and afteracquired property , interests and rights;
- a charge over the Company’s shares, dividends and otherrights inrespect of Bannerman UK;
- a mortgage and fixed and floating charge over all of Bannerman UK’s assets and undertakings; and
- a pledge over the rights, title and interests held by Bannerman UK in the shares of Bannerman Namibia
re: Ann: Notice of Extraordinary General Meet... If you havent...
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Last
$3.27 |
Change
-0.310(8.66%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.40 | $3.23 | $6.799M | 2.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24450 | $3.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.28 | 20000 | 1 |
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