Company Report
Last edited 5 months ago
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ranked
#61
Performance (23m)
-19.1% pa
Followed by
8
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#Takeover / Capital Raise
Added 5 months ago

Wow, the board of BTH has reached new heights of skullduggery, announcing both a capital raise @10c and that they were assessing a nonbinding takeover offer @25c yesterday (in the same announcements) only to announce the suitor has withdrawn their bid today (after institutional placement had completed). They unfortunately don't have a great history with TO offers as they turned down 80c last year as it wasn't in the best interest of shareholders....but driving it into the ground and raising at 10c is....hmmm