I think this statement below from the directors report in the 2015 annual sums it up nicely. They were being picky even before they got PW onboard. This could be epic!
Burleson is receptive to material corporate transactions, such as mergers or acquisitions of substantial assets, which would take the Group in a new corporate direction. During 2015, the Board engaged with several groups in relation to these types of transactions but was unable to finalise terms acceptable to Burleson. However, it is the Board’s intention to continue to pursue these transformative transactions if they can be demonstrated to improve the value of the existing shares of Burleson.
BUR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
