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Benjamin Hornigold Ltd. ( (AU:BHD) ) has issued an announcement.
Benjamin Hornigold Ltd, listed on the ASX under the ticker BHD, is involved in a legal dispute concerning its own affairs and those of Keybridge Capital Limited, which is under administration. The Takeovers Panel has decided not to proceed with the applications from Benjamin Hornigold Ltd, as the issues overlap with ongoing Supreme Court proceedings in New South Wales. The Panel found no reasonable prospect of declaring unacceptable circumstances, thus choosing not to conduct further proceedings.
More about Benjamin Hornigold Ltd.
YTD Price Performance: -2.63%
Average Trading Volume: 20,664
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of BHD stock, go to TipRanks’ Stock Analysis page.