BMX bemax resources limited

Just noticed that the Arab owned Cristal Company has despatched...

  1. 865 Posts.
    lightbulb Created with Sketch. 2
    Just noticed that the Arab owned Cristal Company has despatched its Bidders Statement to share holders like me, today.

    Apparently we have to 4 July to accept the offer of 32 cents per share.

    What if we don't accept the offer?

    Cristal wants 90% ownership of Bemax, apparently.

    So, if they do obtain a large majority share holding, surely that will mean that BMX shares will be tightly held in that future, and anyone wanting a piece of the pie, will have to pay a premium price for the shares?

    What say you to that?

    Mr Muzz
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.