BDM 2.78% 18.5¢ burgundy diamond mines limited

Ann: Suspension from Official Quotation, page-17

  1. 3,016 Posts.
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    Listing rule 11.1.3
    Significant change to the nature or scale of a listed entities activities.

    I'm guessing that with the amount of work that's been done on the processing and marketing of diamonds that this suspension relates to a SCALE acquisition.

    Who knows BDM may be doing something with Lucapa as Lucapa hinted some time ago that they wanted to look at downstream processing and sales.

    Would this warrant a suspension?
    A simple duel.listing on the Aim would not require a suspension till February.

    This could be out for an extended time.

    Never like it when a stock gets suspended for such a period of time. Can't remember one I've been involved in that ended well for all shareholders.

    Let's wait and see what management have to say

    Cheers
 
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