Ann: Zoleo JV Arbitration Update, page-79

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Tradingdreamz88

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13/09/24

15:12

Post #: 75664950
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Originally posted by Access2020: ↑

Hey mate. Not excited given the bid as I type this is 12c, which is disappointing. There’s very little interest in BCC but I’m sure that will change soon - for better or worse.

Overall the results were a miss for me and weak. Legal fees have been very high. I will reserve judgement depending on how this plays out but high costs like this start to really get painful when the market cap is so low. It’s not so much a big deal when you’re valued at $100m+

I did think we’d know an outcome by now but it doesn’t change the position. The arbitration process will make a call and that will trigger a capital event. If roadpost buys then the share price goes to +30c. If we buy then we’re getting a bigger business that has a high value. What that looks like in detail remains to be seen but I’m still of the view that either way delivers a positive outcome for us.

I will say though that I was originally in the ‘buy Zoleo’ camp but now I would like to see a situation where roadpost buy out our half and shareholders are rewarded with a significant return of capital.

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The return won't be as significant as it once was, roadpost are in the drivers seat and not sure the Bcc team are capable of reserving that.

No BCC also means no wages, good for thought.

As I said from day one, litigation is only good for wages & lawyers.

Shareholders consistently lose out in one form or another

BCC Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 14.0¢		Change 0.000(0.00%)		Mkt cap ! $12.09M

Open	High	Low	Value	Volume
14.0¢	14.0¢	14.0¢	$1.4K	10K

Buyers (Bids)

No.	Vol.	Price($)
1	31014	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	59284	2

View Market Depth

No.	Vol.	Price($)
1	31014	0.120
3	34381	0.110
1	250000	0.093
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.140	59284	2
0.145	96500	1
0.150	16767	1
0.155	30694	1
0.180	100000	1

Last trade - 09.59am 23/06/2025 (20 minute delay)

BCC (ASX) Chart

Ann: Zoleo JV Arbitration Update, page-79

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Ann: Zoleo JV Arbitration Update, page-79

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