Last gasp for BT. Black hole??
BT options appear to be shut, pour more $$ in (BFC cash position??), sell (tried?? No buyers) or merge with someone else (enter DDT).
So we have a proposed merger with someone else (DDT) - hopefully raises value for both - then raise Capital to pursue current product offerings or ?? Very unclear as to where the new DDT is going................
If merger occurs then BFC has to work out if they contribute $$, sit or sell. Is a shareholding saleable - doubtful.
Now for the half year result please and more importantly the second half 2017/18 projection/s. How much cash is left? Does Revenue exceed Expenses??
Have seen the noise about Mozzarella now operational but has milk supply been secured?? Prodcution numbers vary from 8000 to 14000 tonnes??
Can all the past promises made by Chinese shareholders/partners be addressed - possibly a quick way to fix BFC's revenue/margin problems.
Oh dear. Should we wait? Will time fix??
BFC Price at posting:
23.5¢ Sentiment: Buy Disclosure: Not Held