BSX 3.85% 5.4¢ blackstone minerals limited

A sincere question from someone who has been only lightly...

  1. 377 Posts.
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    A sincere question from someone who has been only lightly following along here.

    I see that Fidelity and Deutsche Balaton participated in the private placement in late December at $0.58. Fidelity in a big way and DB adding to an already large position. Both large and respected institutional investors who undoubtedly conduct extensive due diligence.

    So my question: have things really changed that much at BSX to warrant a 45% share decline since these major investors significantly added to their positions? I saw there was a 6 month push back in the production target. I'm assuming there was more than just this though.

    This isn't a rhetorical question. No agenda. Just trying to understand.

    I do have a small position that has kept me following along.
    Last edited by SmilingDog: 06/05/22
 
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