BGL 3.95% $1.38 bellevue gold limited

powering ahead, page-4

  1. 1,427 Posts.
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    I was reading the CVA saga yesterday and wondering what a likely outcome of the $6m+ in cash may be.

    Firstly I would personally like to thank the current board of CVA for selling me my holding at 11.5 cents. That was just dandy. I must admit you didn't have to be too bright at the time to realise this was not a good sale price for Clever.

    Does anyone know much about Clever and have a view whether the resolutions will get up or not. If the current two are removed it is pretty obvious a deal is in the works.

    The subsequent combination of BGL and CVA makes very logical sense even to a Beerguy and even more so now that CVA have sold their network.

    And another wildcard. I wonder what M2 think about all this. Wait for the outcome of the meeting then have a crack at a consolidated entity.

    However it plays out it is going to be an interesting twelve months and potentially very profitable. I topped up a few more the other day at 16.5 cause dont think we are ever going to see early teens again. Lucky bugger who got the 15's. Unfortunately Beerguys are slow.

 
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