News: EMR Emerald Resources Increased Its Direct Equity Ownership In Bullseye To 49.37% From 47.35%, page-8

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Peppie

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04/05/22

11:57

Post #: 61195436
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Originally posted by GonaBeBrokeSoon: ↑

I suspect there is a figure which the major international investment group has forwarded to EMR for the purchase of all of their roughly 15% stake in BE, if I were in their place I'd be seeking to leverage my holding to extract more returns from it in one last hoorah - maybe 75c a share of cash payout to walk away.

Similarly if someone were to find 500,000 BE shares in their stack of paperwork I'd be getting in touch with someone there and offering to sell them to that person directly for above the buyout figure to see if it's possible to leverage their position as the last house on the block needing to be signed over to the developers.

None of which I think would be above board, but business is about need meeting solutions multiplied by desperation.

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Morgan Hart won’t do anything dodgy - full stop.

I’d rather see EMR take control and put it on care and maintenance.

…..and also go to all the BE holders with a big big cap raise.

Not going to take the money on offer? - get your wallet out, this is going to be a rough ride.

EMR Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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Last $3.75		Change 0.060(1.63%)		Mkt cap ! $2.503B

Open	High	Low	Value	Volume
$3.71	$3.81	$3.70	$3.011M	797.6K

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16	13592	$3.74

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Price($)	Vol.	No.
$3.75	6023	25

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No.	Vol.	Price($)
15	18448	3.750
14	13359	3.740
11	26789	3.730
13	72024	3.720
11	26258	3.710

Price($)	Vol.	No.
3.760	16746	46
3.770	23442	27
3.780	57331	20
3.790	42868	15
3.800	22810	14

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News: EMR Emerald Resources Increased Its Direct Equity Ownership In Bullseye To 49.37% From 47.35%, page-8

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