http://johnhelmer.net/?p=7056
http://www.businessinsider.com/bc-iron-on-the-griddle-8212-what-is-stephen-dattels-doing-now-2012-3
good summary and some insight into the previous failed TO offer. Regent come across as a 'dodgy' mob IMO. However as has been said before they are reliant on BCI, and on BCI doing well.
Not sure about the directors selling part within the article; would that not be due to the Henghou deal/dilution?
Although not an article that hypes up BCI I do like this part from the last paragraph. “In this market, and after all that has happened to BC Iron over the past fifteen months, no one in the market likes surprises,” according to Oleg Sheiko, speaking for the Consolidated Minerals group. “Normally, markets don’t like just two or three shareholders controlling the stock of a mining company. Meantime, we are obliged to defend our position.”
I wonder what price it would take consolidated to say yes? Def not the same as the previous offer as was suggested in the article.
cheers
BM
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- very interesting read!
very interesting read!
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22.0¢ |
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Mkt cap ! $634.5M |
Open | High | Low | Value | Volume |
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8 | 604801 | 0.215 |
4 | 171432 | 0.210 |
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6 | 121650 | 0.200 |
Price($) | Vol. | No. |
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0.230 | 50000 | 1 |
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