BDM 0.00% 19.5¢ burgundy diamond mines limited

Ann: Reinstatement to Quotation, page-71

  1. 154 Posts.
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    This was also included in GIB's quarterly.

    "BDM’s recent acquisition of the world-class Ekati Diamond Mine in Canada appears to be an extremely attractive deal for BDM shareholders. This in turn has represented an excellent opportunity for GIB shareholders to realise value through GIB’s holding of BDM shares."

    I'm so confused by this! If GIB management we're acting in the best interest of their shareholders (Which I must say. I am not one) Why sell the shares in BDM? I would be genuinely concerned by this if I was a GIB holder.


 
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19.0¢ 19.5¢ 18.5¢ $53.92K 288.2K

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1 28874 18.5¢
 

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20.0¢ 272449 3
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