BPP 0.00% 0.7¢ babylon pump & power limited

when is this announcement coming?, page-8

  1. 194 Posts.
    re: 30 machines ready to go I agree ot sucks that Revelins is selling. However the notices show that it is an indirect interest he holds in the shares rather than him owning them himself.

    It doesnt really answer all the questions except we know that Richard is leaving the company (he said so at last years AGM) and the people involved with him probably figure it's a great time to take some profits. Once he's gone they'll be exposed to the decision making process of any new person in charge.

    With 20m+ shares you'd want to hedge your bets a little bit.

    Richard got his shares pretty cheap in the restructure so there are some nice profits flowing his way with the sales.

    At least they have left a few $$ on the table as the last big dumping was at around 2.6 which is well below where they are today.

    Still keeping the faith with this one.
 
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