BND 0.00% 8.4¢ bandanna energy limited

the race for bandanna? still on, or old news?, page-3

  1. asf
    9,887 Posts.
    Yes, indeed, Mrman. Wen all te articles appeared saying the indians, and pretty much everyone else, had pulled out, te SP plummeted. Then, the company sprung a SPP on us, at a 20% discount (or more- can't remewmber exactly) to the ten SP, causing a further plunge, and so much market disfavour, that it was clear we wouldn't even stay anywhere near $1.00. However, the Strategic Review remained alive- no closing of it, and the company as said there are still parties interested- mostly in asset sales, but two new companies had since shown interest.

    I rang the company today. Dr Shaw is interstate today and going overseas tomorrow. If e is able to call me, I'll let BND holders know about the vibe of the thing.
 
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