BMB 0.00% 2.5¢ balamara resources limited

Needs Needs something to stimulate it, page-35

  1. 303 Posts.
    Well, yet another Captal Raising made by your management and more dilution of your investment. Your recent annoucement his morning explains why that sell of by the Chinese (Ample Skill) may have been initiated the other week, the week in which I was challenged about the Chinese and thier involvement/control by a resident. But your majority Chinese investor who is now even more in control of this organisation is topping up for a reason, ouchhhhh.

    Folks, this is looking like another BCC type of situation, be very careful as your management may now be firmly in control by the Hong Kong, Chinese.

    From my calculations, your Chinese investor may have a significant holding in BMB and therefore can roll this current board of directors at any time they want.
 
watchlist Created with Sketch. Add BMB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.