Well done Raks Spot on.....The fact the company is taking its time indicates whatever is being proposed is close to the mark of reasonableness. Otherwise it would have been dismissed quickly.
For Coughlin to be increasing to the threshold indicates that its probably him and maybe BMG because why hold a stake in a company with no exposure to the iron ore project.
I bet HE SUB-UNDERWROTE THE OPPIES AS WELL
So flicking a stake iron ore stake is out of the question.
NBIO are usually scheme of arrangements in informal form
CAP Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held