CND 14.3% 3.2¢ condor energy limited

Ann: Notice Received Under Section 249D of the Corporation Act, page-39

  1. 3,567 Posts.
    lightbulb Created with Sketch. 3416
    Yep

    Could be those who got in quickly at 0.002c taking a quick and easy 50% profit.

    But you are right, it's the hands the shares go into that's important at this point. Some 212 million shares (roughly 8% of the total register) traded so far today...you would think the majority of those being the 'yes' votes as you say.

    The way I see it:

    * JB supporters will be buying

    * Those responsible for the 249D have shown their cards, and so to ensure they get the board they want, you would think they will be buying

    * if current management want to block their removal, they may have to start buying to ensure they have the votes to block (I don't think they do/will)

    All this buying will be good for the SP short-term!

    IMO, if BKP get the new board it will also be good for the SP mid-long term.

    All IMO

    GLTAH
 
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