This is a massive opportunity for the top 20...who holds just over 88% of the stock to acquire millions of shares.....130 million to be exact,at just only $1.....a bargain if you ask me,especially if the company becomes a takeover target in the near future.We cannot deny that BND has got a lot of coal and I still believe the koreans will be the first in line as a strategic partner as they hold over 40m shares of the company....long term(6 to 9 months) I still believe the stock will be around the $2 mark,so I do not expect the stock to go much lower,after all it lost 50% since middle of July....tomorrow we will see,and as I mentioned already this is a very very smart move for the top 20 holders.
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