RE:RE:RE:Dilution You realize this stock is weeks away from listing on the ASX.
Managers were heavily involved in the successful takeover of WMC Resources for $9.2 billion dollar takeout in the past.
The chair of Benz Evan Cranston was integral in setting up $BGL.ax in the ground floor. $BGL.ax is about to be taken out for in excess of $1 billion. They took an overlooked old iron pyrrhotite Gold mine. Applied some wicked science to it and viola. 6x'd the resource and 30x'd the stock.
Benz is Evan's second crack at Iron Pyrrhotite VMS expansion/discovery/development. He didn't find this ground half way across the world for nothing. His institutional investors challenged him to find them the next $BGL.ax. That opportunity is Benz. When the stock lists on the ASX. There is a good chance it opens to a landslide of buying demand.
If this trades the same value per oz as $BGL.ax did. Based on the capped 385koz inferred Resource. The stock is worth $90mil market cap. If they can prove/confirm the old zones. The resource jumps to 800koz - 1moz. At the $225 $BGL.ax currently trader at on the ASX. That's a $180MIL - $225MIL market cap. Nearly $2 a share. That's the near term future for Benz. Perhaps by year end. So whatever weird stuffs happening on ask right now. Doesn't bother me. I actually know who the seller was. I won't comment by name on it because they are industry related. Let's just say, some people have bills to pay and sometimes those are expensive bills. A company was selling shares. Not an individual. That's all I will say. I even know what they have left.
We are on sale due to their stupidity now. Few more weeks this is $1.20+ easy.