BMN 0.00% $3.58 bannerman energy ltd

It will be very interesting to see where the 10% gets placed ie...

  1. 724 Posts.
    It will be very interesting to see where the 10% gets placed ie do the directors themselves buy up and shore up bmn against a takeover or it goes in one hit to a block buyer or it gets spread over several different buyers. Any of the latter ways results in a significant lessening of a bmn defence against a cheap takeover (well cheaper than a lot of would've been hoping for)
 
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