There are two scenarios for BDI now it shares
some common directors with GEM-owned KIM.
(A) BDI directors could pull the GEM/KIM finangle:
Dump some BDIs in a hurry and crash the SP (alert
analysts) get lots of 'sell' recommendations - then
make a T/O offer at a 'premium' to the crashed SP
and pick up a a good diamand prospect
for far less than what it's really worth.
(B) Plan A could be sabotaged by a big find.
Perhaps even the long-sought Mother Lode
or gem-laden central core of the ancient
volcano whose fissures formed the pipes
of diamond-laden rock that occur on
both sides of the KIM/BDI fence.
As BDI is not listed on the London
Exchange (as KIM was as KDC) my
downside risk of BDI having its
SP finangled downwards is less
where Aussie (not Pommy) laws
apply and it's also limited by
me not have nearly as many
BDIs and I had KIMs.
The upside risk (of making a
motza if BDI hits the Mother
Lode of Aussie diamond
finds) is what keeps me
faithful to BDI through
thick and thin!
But only in a small way or my
wife would kill me if I went
in big - like I did with KIM
and dropped a bundle via
the GEM/KIM finangle.
KIM
kimberley diamond company nl.
gem cheque received and spent, page-3
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