Hey! I was the first to be called "Drakeman". There is no place for two of us!
Now, a bit more serious: Drake doesn't need anyone here. If they want, they put someone in the board. Heck, if they want, they can sack the board. But if you like conspiracies, ask yourself: a few characters appeared here asking some strange questions. You can find at least two persons, with different sets of questions. Then, you have a few articles on the media. Then, some queries, that consider a lot of questions being asked here on BBX forum. When the answers arrive, new questions (meanwhile written here by someone) are sent to the company. And so on.
Who takes any benefit of this? Not the shareholders (including Drake). Not the ones who want to buy the company shares on market. Not even traders. But maybe this is good for some people...
Meanwhile, the company operations continue. This are only nuisances. Guess what: it's suspended? Ok, that's not the ideal situation, but what does it have to do with drilling, and working on the metallurgy? Yeah, that's right: nothing. So, BBX can go on and the only news they give to the market are the ones they are required to. After all, they are not tradable at the moment, so, why bother publishing an annoucement sayin' "Start of drilling"?
Personally, I would not publish such an annoucement, since there is no market for BBX at this moment. Would they? Wish I knew... So, are we now somewhat in the dark? If things are going on schedule, we have an idea of what's going on. If they are behind schedule, that's life. We are paying a price, but, honestly, it's quite a small price in the grand scheme of things.
This will be a long road, but last year, the route was longer.
And if ASX wants BBX to be permanently suspended, so be it. Whatever. The show is going on, with sharemarket or without it.
A great weekend to everyone.
The Alleged Drakeman (@asculpeous ) the "real" one (at least on nickname)
BBX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held