BSN 0.00% 3.4¢ basin energy limited

Ultimately, my opinion on BSN is that it is a good shell in a...

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  1. 367 Posts.
    Ultimately, my opinion on BSN is that it is a good shell in a sense as it is low debt and low expenses. Probably won't go anywhere until it rids itself of these pathetic directors. Doosies does not describe some past investments made by these clowns. As always, ASIC is always quite on directors running companies for their hobbies. It really would not be hard for these clowns to pick some sort of fintech or IOT's, have the share price double, raise from sophisticated investors, and this company is off the ground. Seriously, think about this company bought second hand phones (which their partner has failed to return) and a little company run by a director which converts plastic to fuel, which is yet to go anywhere. I am not an arrogant know it all, but these ideas especially the phone make me seriously laugh my head off. I'm a financial advisor, I can just imagine trying to explain to ASIC how I could be so reckless as to recommended this sheet to clients. They'd tear me to shreds.
 
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