BRL 3.18% 76.0¢ bathurst resources limited.

I wonder if you have a point about the drip feed payments. The...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 33 Posts.
    lightbulb Created with Sketch. 2
    I wonder if you have a point about the drip feed payments. The real problem is perhaps a badly written contract - what was the intent when using the word 'shipped' - the Judge should take the first meaning in the dictionary into account:
    1. transport (goods or people) on a ship.
    2. (of a product) be made available for purchase
    But there is always uncertainty that one or more parties intended it to mean the second definition.  Given that, You are right to assume the judgment would be at worst (for Bathurst) be a step payment imposition - otherwise, surely that would be an unconscionable determination -- and easily appealed.


    Or - - it could all be nothing about the court case and they've simply decided to do a capital return and special dividend just to be nice and say a big thank you to all the faithful small share holders. ...   .. nah.
 
watchlist Created with Sketch. Add BRL (ASX) to my watchlist
(20min delay)
Last
76.0¢
Change
-0.025(3.18%)
Mkt cap ! $149.2M
Open High Low Value Volume
78.5¢ 78.5¢ 76.0¢ $10.64K 13.72K

Buyers (Bids)

No. Vol. Price($)
1 6712 76.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 12880 2
View Market Depth
Last trade - 14.47pm 01/10/2024 (20 minute delay) ?
BRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.