BSG bolnisi gold nl

takeover. not such a bad thing, page-4

  1. 47,086 Posts.
    Excellent analysis BH. Thanks. I agree, especially with this bit:I now support the deal, but will never again invest in a company involving Norm Seckhold.

    In essence you are saying BSG was overvalued @ $3.30 because the market was not fully informed. Again I agree and even made an on-line complaint to ASIC over a week ago that BSG was in breach of continuous-disclosure rules but I have not even had an acknowledgement of receipt. I doubt I know enough of relevant rules to have stated my case correctly. Still, they could have asked for clarification.

    I can't say I've lost money because I converted options @20c but like you I have lightened up (36K shares) and I expect to dump nearly as much again before too long, keeping a modest speculative stake. CDE does not meet my standards as a core holding.

    Note to self: Never fall in love with a company. LOL
 
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