''the board have got a very strong record of mostly over subscribing in their cap raising with BDC and previous projects they have been involved with.They seem to have a loyal band of wealthy investors in their projects.''
LOL...good one....it's very easy to get oversubscriptions for cap raisings when you offer them at 30% below the market price...they have a band of wealthy investors ...not a loyal band of wealthy investors....more like flippers who take part in the cap raising and dump the stocks for 1 or 2 pips
Their loyalty is to themselves and their performance shares IMVHO
BDC Price at posting:
6.4¢ Sentiment: None Disclosure: Held