BDM 7.14% 13.0¢ burgundy diamond mines limited

cash value shell with $1.8m nett due in Dec

  1. 1,672 Posts.
    lightbulb Created with Sketch. 110
    Currently trading almost precisely cash value after payment to IES is completed.
    But due to receive $4m in December with $1.8m nett profit after all payments are deducted from that amount.
    Seems like a pretty good shell play to me at the mo'.
    Lets hope these directors are as wily as they appear...
 
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