BCI bci minerals limited

board cant have it both ways, page-8

  1. 2,319 Posts.
    lightbulb Created with Sketch. 17
    There was no shareholder vote, there was a board recommendation. I have no idea what went on in the board meeting obviously, but the cons min board member claims he was voting as a BCI director and this was not to be read that cons min would support the bid. This has been stated, whether it is true or not I don't know. I would imagine that when the ind exp report was released and stated that it was neither fair nor reasonable, then cons min would have declared their position. This may well be what happened and why the board u-turned their position.

    As to what % holding in BCi the 2 large shareholders have, I have no idea. If between them they own over 50%, then that is control and that would be disappointing. I'm not sure that it is legal either.
 
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.
(20min delay)
Last
34.0¢
Change
-0.005(1.45%)
Mkt cap ! $981.7M
Open High Low Value Volume
34.5¢ 34.5¢ 34.0¢ $83.04K 241.5K

Buyers (Bids)

No. Vol. Price($)
9 141967 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 2339 2
View Market Depth
Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
BCI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.