RE: Whilst waiting for news6 Jun 2019 13:08
So the key points that I have noted.
Antos is our main shareholder why would he do this? Would it be to make a quick profit on the market from a volatile share, possibly but hopefully not!
Would he be looking for something more substantial for instance exploring opportunities to float one of his private companies on the Market, possibly. (this is the option that everyone invested here is hoping for based on publicly available information and research that has been undertaken over the past months.)
Onto potential RTO targets there are several possibilities and the front runner in most people’s minds is, or was, or still is, Coeur Gold Holdings. There could be others including another recent wildcard that has a connection with our main shareholder via George Richmond. This is Goldfield Holdings Ltd which was incorporated just a few weeks ago.
My original belief is that it was CGH and it still is but now I am also doing some debating with myself (did I say that out loud publicly?) along with undertaking additional due diligence and research.
So onto Neo’s post where he highlights the value. This is spot on and whilst one of many reasons that people invest in any new company I believe it is one of the strongest cases for doing so. An important point which RKB also highlighted. There are many different investors on this board who are invested in BOU some will want to realise the potential medium and long term value some will want to make a quick 20% profit and some dream of early retirement. None of this is wrong it just shows a cross section of society and the many interpretations and priorities people have not just in relation to investments but no doubt in relation to life in general.
TR1’s again Neo is spot on if Antos became (or maybe already has become) a Director of BOU then that would preclude him from buying or selling his shares due to being on the inside. As a shareholder who is not in RTO discussions though he would be able to freely buy more shares?
If Antos has already put pen to paper and has signed up to become a director or has paperwork pending then an RNS may be due soon but if this were released a long way ahead of any RTO this could mean that a temporary suspension is inevitable? we hope this does not happen so might be a reason for any delay or equally might be reason to think Antos is still a shareholder that is looking to profit on volatility (hope not!)
There are suggestions within the posts that there might be disagreements within the BoD of BOU. We will never know all the details of this being outside but we have read posts about possibilities of gamesmanship which may be making each decisions take a little longer to wash through and come to fruition.
So with all the above in mind I will be focusing on the positives, based on research, I will sit tight and await news….and when it lands I am hoping it is for the better, otherwise I will end up more than debating with myself privately or public
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