This is getting beyond bizarre.
3 relevant announcments today:
i. MAK increased offer - glad to see any improvement
ii. UCL announces new assay results - look promising suggesting a very large increase in JORC resource size coming with a significant portion to be moved into indicated category
iii. MAK announce their capital raising at 43 cents.
So i. improves the value of a BON share, ii. raises further questions about what is fair value and iii. complicates the whole thing by raising the question of what is a fair price for a MAK share now and therefore what a linked BON share would trade at.
- Forums
- ASX - By Stock
- BON
- surprise surprise increased offer
BON
bonaparte diamond mines nl
surprise surprise increased offer, page-3
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)