BWN 3.94% 66.0¢ bhagwan marine limited

Hi all....what are peoples thoughts re the 6 resolutions to be...

  1. 16 Posts.
    Hi all....what are peoples thoughts re the 6 resolutions to be voted on at the BWN General Meeting?? Namely Res 1,4-6? I'm pretty new to all this and still trying to get my head around what it all means.

    At this stage I think i'm happy with res 1-5, but am a little apprehensive about res 6! what's the deal?? They say that 'current shareholders will be offered a priority allocation of shares in Capricorn Metals Ltd'. What do they mean by 'priority allocation'? Does that mean we'll have to pay for them?? As a shareholder don't I effectively already own these assets? Shouldn't I be GIVEN a priority allocation in Capricorn??!

    Any advice/discussion would be most welcome...cheers

 
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