Another solid performance and attractive investment fundamentals.
Same with BSP (BFL) and together they have a huge chunk of the PNG/Pacific market and both are very profitable businesses and hard to see that changing in the medium term ?
I was hoping both their profiles and track records would have been starting to help develop a more enthusiastic reception among ASX investors by now but seems a slow process. There's been a few weakish signs of some increasing interest in BSP/BFL.
Maybe they should both do a bit more 'Roadshowing'/Marketing ? They're both pretty quiet on the 'selling' themselves front.
The PNG sovereign risk thing is overdone in my opinion and PNG has long been given a bad rap by the Australian media in general I think.
Ann: FY22 Results ASX Announcement, page-3
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