BND 0.00% 8.4¢ bandanna energy limited

The jury is out on whether current shareholders will be left...

  1. 18,746 Posts.
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    The jury is out on whether current shareholders will be left with any significant value.

    The normal process in situations like this once retail investors have been tapped out is to transfer 99% of the equity to new parties, pump it and then sell it back to a new group of retail investors.

    Notice how the Credit Suisse who precipictated the premature collapse are talking to Glencore Swiss.
 
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Currently unlisted public company.

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