BND 0.00% 8.4¢ bandanna energy limited

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  1. 21,239 Posts.
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    BND - just tyre-kicking atm but can find no specific reason why BND has been dumped so badly, and it's obviously the bigger players who've done this so the question remains - why?

    the only thing which keeps popping up all year is announcements concerning 'strategic review' which I take to mean that BND would be happy to sell out at the right price and maybe it looked earlier this year that a serious bidder might come forward but nothing eventuated so it got hammered?

    in all other respects, resource quantification, infrastructure planning and acquisition, permit applications, etc. the company looks to have moved forwards - and the price although a bit volatile earlier in the year was sustained at much higher levels, there was no P&D spike from which you might have expected such a dramatic decline, plus a CR at $1...... all very odd.... unless of course there's something nasty in the woodshed that a major player thinks they know something about? dunno really....




 
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Currently unlisted public company.

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