BPH 0.00% 1.2¢ bph energy ltd

bph convert from buy

  1. 5,788 Posts.
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    On the weekend I compared stock market caps to exposure to PEP11. (Friday close prices)

    BUY is $4.8m Cap / percent PEP11 (at 15%)

    My records show Advent have 85% after drilling

    So MMR is $1.6m Cap / percent PEP11 (at 51% of 85%)

    GBA is $1m Cap / percent and BPH $1.25m Cap / percent.

    Given MMR and GBA have started running and BPH hasn't ... and that very little PR I can see has mention of BPH, it seemed a good rotation - sell some BUY for BPH to get three times the PEP11 exposure per $ invested.

    Anyone else done this calculation?

    Regards
 
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