BDR 0.00% 6.5¢ beadell resources limited

Ann: 2017 Full Year Statutory Accounts and Appendix 4E, page-44

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  1. 20,035 Posts.
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    I hate to say this but in this instance your strategy is akin to picking up pennies in front of a steam roller. If the CR is coming and they have run out of BS news bullets then will simply just call a TH to stop further devaluation and do a <15% dilution to some grubby SI. I doubt they want to offer stock to long suffering holders because it adds further cost and time. Time is probably what they can't afford to give. Good luck.

    I would normally be taking a stab at such opportunistic level but the odds are stacked against the buyer.
 
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