BCC beam communications holdings limited

My question is to why could BCC not wait for the 4C at the end...

  1. 2,051 Posts.
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    My question is to why could BCC not wait for the 4C at the end of Jan which will report additional profit figures and do the CR then at a much lesser discount. .44 is a 20% discount from todays levels, also the cash in the bank + the draw facilities of $6M that have not been utilized.

    This is somewhat puzzling, why run a profitable company with big amounts of cash in the bank and still run CRs at significant discount?
    Last edited by Chuxa: 19/11/21
 
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13.5¢ 13.5¢ 13.5¢ $810 6K

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No. Vol. Price($)
1 50000 13.0¢
 

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Price($) Vol. No.
14.5¢ 100000 1
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