BMN 1.27% $3.12 bannerman energy ltd

the facts and where to?, page-13

  1. 7,851 Posts.
    lightbulb Created with Sketch. 392
    "Hamza Habib from Patersons Securities issued a SELL RECOMMENDATIONS"

    "The offer seems well above fair value. The bid is highly conditional and could take some time if it happens. It�s either getting more return if the deal goes through,

    .....or selling now on market for less, but still at a premium prior to the offer. I prefer the latter option"
    ........................


    With the above recomendation selling now on market,The problem I have is, did Hamza Habib issue a recomendation for BMN as a buy before the Hanglong offer.......and if he did, why?


    With this offer from Hanlong, some have made money from insider knowledge!imo


    The "latter option"(Mr Habib's recomendation,sell now)is true if the deal eventually falls over, if not its a "sucked in scenario" for the sellers.

    Saying the offer seems "well above fair value" is inaccurate and could be seen as an attempt to influence selling as well. Reasons?


    Good Luck All
    Sm
 
watchlist Created with Sketch. Add BMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.