Well if I were to invest it’s a question I would want answered, so maybe whilst not my concern, if it’s a question I am asking, there’s surely other potential investors holding back for reasons like this too - which inadvertently may affect buying interest in BBX.
What are you giving away in return for 50/50 share in met costs? Saying “I doubt they’ll get a slice of the action in Brazil” isn’t a very reassuring answer, because in reality we don’t know what they are getting? However, one thing is for sure is they wouldn’t be pitching in and sharing costs for nothing....
I have spent quite a bit of time trying to find out more about this JV partner, very little to be found and very limited information about the JV details is something shareholders should raise with management for their own interests imo
BBX Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held