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Online Share Trading

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232926
Frequent Contributor
Hi Can someone please explain what they mean by the latest sens. They want to buy our shares at .25 but they currently at .30?
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5 REPLIES 5
SimonPB
Valued Contributor
just a mandatory event, because Briat took over some 50% of BDM they have to make the offer at the price they paid, hence 25c .. you are welcome to decline the offer ..
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232926
Frequent Contributor
Thank you Simon. So its like the PSG, Capitec thing Thanks again
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SimonPB
Valued Contributor
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232926
Frequent Contributor
Simon, you do a lot of interviews with the directors etc of companies , what is your personal view on BDM. Is it because of the recession that the price has come down so much and stayed flat or do you think there are other problems. Just your more informed opinion?
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SimonPB
Valued Contributor
I last spoke to them a year or maybe even 18 months ago .. so have no idea, I do recall the cost of diesel was hurting them badly, but then it was north of R10, now below R8 ?? so no idea ..
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