Good result and puts them in a stronger financial position. (see today's announcement)
General meeting called from a minority group of shareholders seeking to remove the directors except Mr Martin Bennett. (see today's announcement)
Possibly those who lost the vote in May this year.
The prospectus closed on Monday (yesterday) so expect the result of the capital raising possibly tomorrow (Tuesday) or this week sometime.
Bks closed today at 1.7c on very light volume.
Yet Bks shares are valued at 3.5c by RM Research.
See their research report at
http://www.burdekinpacific.com.au/images/pdf/150904-rm_capital_research_report.pdf
Constructive comments & discussion please.
I hold bks
Always seek professional investment advice before investing & please read below.
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BKS
burdekin pacific limited
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