BDM 2.78% 18.5¢ burgundy diamond mines limited

Ann: Suspension from Official Quotation, page-20

  1. 507 Posts.
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    With MOKs track record we can assume this is going to be a very good thing, and a huge change in size and scope for this company.
    To speculate the resignation of the ceo could be linked to the fact someone else will be coming on board as part of the acquisition who is equally experienced/relevant and will take the ceo role in the transition.

    This will definitely be an acquisition of size, and it won't be LOM or another listed entity it will be a private company. If it was a listed company their wouldn't be the reference to the back-door listing section of the asx rules.

    My guess would be a jewellery retailler as they are the only part of the supply chain we are currently missing. But that's just me spit balling.

    I have thought for some time that this company was going to be to small in its current form to interest
    someone like okeefe given his other companies have all been huge multi billion dollar entities.






 
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