BON bonaparte diamond mines nl

re: Ann: UCL: Namibian Phosphate Project - Re... If MAK had not...

  1. redcorduroy
    743 Posts.
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    22/04/09
    03:08
    Post #: 5037009
    re: Ann: UCL: Namibian Phosphate Project - Re... If MAK had not made the bid BON would've traded 2-3c on the day of the announcement that diamond production was being put on hold.

    Maybe they would've recovered somewhat afterwards but 8-10c is ridiculous, the current equivalent around 5.5c would've looked even better after BON were left to wallow for a month.

    BON holders say the MAK bid is opportune, I think MAK jumped the gun.
    BON Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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