BNR 0.00% 4.1¢ bulletin resources limited

Any thoughts by anyone on the recent price action?There has been...

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  1. 23 Posts.
    Any thoughts by anyone on the recent price action?

    There has been a pullback in the price of gold but couldn't imagine this being a major driver.

    Smells like a ploy to have the remaining placement shares issued at a discount to the 8.5c offered to holders initially.

    Have to say the results of the placement were fairly disappointing. Would love to have seen a rights issue to allow the top 20 to flex their muscle and highlight their true level of support for the project.
 
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