Blackwell International (BGI)

[whatsup]

The BGI NTA currently showing on NZX @ $0.15 looks like it's a screw up

Probably has it's origins off the BGI March 2020 FY NZX Filing

What would a Listed Shell on NZX be worth these days ?

A good point with BGI is that it was likely one of the lowest SP listings carried on the Sharesies platform for a time
and they dont carry all of them on Sharesies

(eg: TRS - now known ACE or Ascension Capital is & was not on there as far as I recollect)

nztx, A listing is worth $1 mil max or there abouts, question that has to be asked is, when will the share price collapse remembering that TRS was driven from .002 to .016 is a couple of days when Mr Dot Com was rumoured to back door his empire into it, never happened as we all know!

[nztx]

nztx, A listing is worth $1 mil max or there abouts, question that has to be asked is, when will the share price collapse remembering that TRS was driven from .002 to .016 is a couple of days when Mr Dot Com was rumoured to back door his empire into it, never happened as we all know!

The BGI Market Capitalisation looks a tad expensive then @ $45 mil for anyone wanting to acquire a listed shell to reverse all sorts of
weird & wonderful things into

If not mistaken, Directors selling down stakes & a rumour monger busy on FB apparently

Any other updates out there likely to justify the SP remaining above 1.0 c ?

Assuming many of the punters may rapidly lose interest in this one, have they already started
migrating across to CAV ? A 5c SP rise looks like something more than a Chairman departing for good
At least the NTA looks respectable multiple of SP with CAV, even if a fair bundle of the real estate is
sitting on the block looking for buyer(s)


Take another look at ACE (x TRS) whatsup -- quite a few changes there recently

[Sideshow Bob]

177 trades pre halt - averaged $297.

Ain't institutions buying......

[Sideshow Bob]

The BGI NTA currently showing on NZX @ $0.15 looks like it's a screw up

Probably has it's origins off the BGI March 2020 FY NZX Filing

Looks like been changed today??? Maybe they looked at their website when they issued another speeding ticket???

[MarineSalvage]

lowest priced share and seemingly highest returns - the Sharesies crowd have lapped it up

[toml.1234]

On the topic of the Sharesies crowd lapping it up based on being highest % increase, Sharesies have seemingly disabled the previous history feature...
EDIT: Not disabled, however seems that they've changed it so that when you first enter it orders companies from A - Z rather than top performing

[youngatheart]

Hmmm... May be 10c by Friday if not sooner by the looks of it....

Ugh. Reached a high of 9.5c today...

[youngatheart]

On the topic of the Sharesies crowd lapping it up based on being highest % increase, Sharesies have seemingly disabled the previous history feature...
EDIT: Not disabled, however seems that they've changed it so that when you first enter it orders companies from A - Z rather than top performing

Prudent! Just in time before pay day tonight resulting in another crazy surge tomorrow..

[etrader]

Funny you say that yesterday if had a 2000% return now it’s A to Z only which avoids the FOMO a little for mum and dad investors that want the next Amazon or Google type return

[MarineSalvage]

a trading halt?? while they work out if its actually a company???