BLV 0.00% 1.6¢ blossomvale holdings ltd

Navygulf I doubt I will get a proactive call. The only reason I...

  1. 20,391 Posts.
    lightbulb Created with Sketch. 1990
    Navygulf
    I doubt I will get a proactive call. The only reason I found out last time was that I cillalled Euroz to see if they were doing the raising as I knew they had covered this stock and had organized the market update a few weeks early which to me seemed like PRE CR spin. Judging by the option expiry ann I doubt there will be a resolution for weeks. I will enquire though and let you know. I to excpect a CR at a more reasonable price. 10-12 cents would seem fair. There is always a chance they sell some assets in the coming weeks and do an even smaller CR at a better level. If nms can deleverage and lean down it may still have a reasonable future
 
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