Wooooo Hooooo Go BPH :)$$$$$$, page-29578

Samantha,

10m cash with no allocated spend between bligh and bph.

The questions we should ask.

Why did bph decide to raise funds when they already had 8m cash?

Why did bligh raise excess to there own capital requirements?

Why have mec decided to relist?

Why is advent, the operator of pep11 raising funds?

As no allocated expenditure, it is planned for something.

It is not hard to see what is occuring behind the scene here.

One requirement of approval is financial capacity.

Raising and shoring up funds proves financial capacity on two fronts.

1. It is in the bank.
2. When they ask for funds, they receive funds.

Financial security is proven.