BMN 3.16% $2.76 bannerman energy ltd

sp direction, page-13

  1. 12,455 Posts.
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    "I should have said .. a negative to any potential takeover offer."

    Hamsam

    That is an interesting one ... it depends on the views of Turgi themselves. They are really the three original founders & directors of BMN, so they know the full potential of the land ... so they wont give their % away easily ... that is a positive for BMN if a takeover eventuates. Look at the hassles with EXT have Kalahari own over 40% & they are trying to call the shots, perhaps with a view of selling out cheaply & quickly.

    I dont see Turgi's 20% as being an issue at all

    cheers

 
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