My suppositionregarding an acquisition:
The company's website takes you straight to:
http://www.taylorcollison.com.au/
A large Sharebroker & Investment House.
This is another potential Hindmarsh (2x directors) - we have all the dots joined - the underwriters, Minotaur, the top s/holder of BOM (Gryphon - a boutique investment bank) being co-founded by a Hindmarsh Director. I sniff uranium and it is beginning to pong IMO.
You see Platsearch is also heavily supported by taylor collison and The Chairman of Hindmarsh was an Exec Director of Minotaur.
and there it is:
On listing, they stated that "Bondi will also retain about $2.3 million to $2.8 million of the cash reserves to meet corporate and administrative costs and to pursue other investments in the resources and energy sectors."
My supposition is then that they are quietly sitting on a uranium holding of some significance. They closed two weeks early and were oversubscribed trying desperately to be quiet. Platsearch JV?
Maybe something else?
You decide.
My suppositionregarding an acquisition:The company's website...
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