No more Mr Nice Guy!!!!! This has bought it to a head.
Looks as though OBL could pick up another 50% of the Derby Block for free. OBL have a knack at getting extra percentages for free through their legal team. Look at Gippsland and the backreef block.
Gee BRU wanted to pay BOPL 3.5 million for 50% and OBL could get it for free because we are dealing with a PEANUT which is BOPL. Time to walk away Buru and stop ruining your reputation doing deals with a PEANUT.
BRU if you really want the Derby block, now is the time to takeover OBL.
The price goes up big time when OBL get 100%. If they pull this off, maybe shareholders will support their remuneration package at the next AGM.
No dilution with oppies and a market cap of 6 million. OBL is a sitting duck.
If I was in OBL's shoes, I would do a conditional deal that OBL win the tribunal hearing with a major now and get the shareprice up before we get taken over.
Let's move on and stop dealing with PEANUTS.
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Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
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19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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