Came to the conclusion now that there are no deals/strategic alliance in the pipeline anymore,todays article on the paper is all speculation,over a month ago I was told by the managing director himself that parties were interested but if no offers occur within the next few days{this was @ the beginning of sept},BND is just going to finish/suspend all talks with any major parties.The stock seemed to hit its lows of 60c and is on the way to recovery a bit,but the farmers issue is what scaring the big majors and also there are other cheap coal plays out there at the moment......then again expect the unexpected in this moment in time,we are all living dangerously at present thanks to europe and the usa......but somehow I feel that this stock is finished or somewhat not a takeover target.
BND Price at posting:
66.5¢ Sentiment: None Disclosure: Held
