Benjamin Hornigold Ltd Challenges Keybridge Capital’s Management Actions

An update from Benjamin Hornigold Ltd. ( (AU:BHD) ) is now available.

Benjamin Hornigold Ltd (ASX: BHD) has submitted two applications to the Panel concerning its own affairs and those of Keybridge Capital Limited (ASX: KBC), which is currently under administration. The applications highlight concerns over Keybridge’s management actions, including the issuance of shares and the appointment of a voluntary administrator, which BHD claims have created unacceptable circumstances impacting its shareholding and market operations. The situation involves significant control and disclosure issues, with potential implications for market transparency and governance.

More about Benjamin Hornigold Ltd.

YTD Price Performance: -2.63%

Average Trading Volume: 19,383

Technical Sentiment Consensus Rating: Strong Buy

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