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Bonatla - any closer to lifting suspension?

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ABuzz
Super Contributor
So with the voluntary update announcement in Nov 2012 and the implied cooperation with the JSE to sort out all the "glitches", plus the fact that the Durban Point Development should now be going ahead (as the EIA has been settled - http://soc.li/gk6Ku7H ) do you think we are likely to see Bonatla finally get their company back on the straight and narrow and have their suspension listed? Essentially they do still have the offer with Rocpoint to finalise and then also the Eagle Creek deal, which together should see a significant interest in the future of the Durban Point Development. EVER HOPEFUL !!!
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5 REPLIES 5
Preston
Super Contributor
Hi, ABuzz, how are you doing? lol, Interesting question, has JDH fully compensated you for the risk to taken abt 4 years ago?
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Preston
Super Contributor
Hi, ABuzz, how are you doing? lol, Interesting question, has JDH fully compensated you for the risk you have taken abt 4 years ago?
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ABuzz
Super Contributor
Hey Preston, doing great thanks, and you? No, paid expensive school fees on JDH, but hoping Bonatla will bounce back once they get their "ducks in a row". At least with them they have buildings as assets, so some value even if Niki Vontas decides to get up to any of his previous liquidation "tricks" ( I bought BNT as a long term high risk investment, so let's see)
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Preston
Super Contributor
Good luck with BNT. I am just happy that you are still around.
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ABuzz
Super Contributor
Thanks, yeah, not trading much in South Africa, so not on the site much, trading more in Canada and the USA
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