IMO
They will need to raise funds to pay for the court case they are pursuing!!!
https://www.marketindex.com.au/asx/bph/announcements/pep11-update-6A1219544
(this sage has been dragging on for years)
IMO further - they are attempting to be many things instead of focusing on one sector...
BPH Energy Ltd (BPH) is a company holding investments in biotechnology and resources. BPH is commercialising a portfolio of Australian biomedical technologies emerging from collaborative research by leading universities, medical institutes and hospitals across Australia. The current investment of BPH consists of Molecular Discovery Systems, Cortical Dynamics, Advent Energy, HLS5 Project and Diagnostic Array Systems.
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