I'd agree that Kogas most likely sold because of a conflict of interest as stated when they removed their board representative - See this announcement. Were they really forced?
It definitely wasn't for profit. They brought in 2009 for 20c and have just sold for 9c.
I would expect notices to the market by today or tomorrow...
BUL Price at posting:
9.1¢ Sentiment: None Disclosure: Held