BRZ brazin limited

re: another corporate rort? If I was shareholder I'd be seething...

  1. 3,918 Posts.
    re: another corporate rort? If I was shareholder I'd be seething also.....it's BS if you ask me!!!

    Price stabilized at around 70-75c for ages. Then a few days before this sudden announcement by Blundy the shareprice gets HAMMERRRED all the way down to 56-58c in a couple days! The Blundy announces the privitisation of BRZ at 78c - on face value one would say wow that's a big increase from 56-58c but let's not forget that it was only there for a day or so at that price and previously the shareprice had stabilized at around 70c. So one should ask themselves, if the shareprice was 70c, would 78c be a fair value for the takeover??? Me don't think so!!!

    Sounds like something fishy from Blundy's behalf I reckon!!!
 
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