BND bandanna energy limited

You cant help but be disallusioned by whats occurred with BND...

  1. 596 Posts.
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    You cant help but be disallusioned by whats occurred with BND over the past 3 weeks or so.

    We sat here practically at a $2.30 sp , and now we are under a $1. We have lost almost 60% of our share value and I have to ask the question " surely this could have been handled better"

    The capital raising could have been done a month ago at $2 odd , instead many of the shareholders are seriously down on their capital investment.

    I've heard some support saying that this could be good in the long run blah blah blah blah , but seriously how can this be good when the sp has dived so much.

    I know we are only the small pawns here in the big picture , but you can't help feeling screwed. I have no doubt there is a big plan here ( big insto's etc ) but it still stinks.

    Not impressed. !!!
 
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