BPH 7.69% 1.4¢ bph energy ltd

1 mmr=5 bph = market is crazy, page-5

  1. 11,062 Posts.
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    BPH = 27.42% of Advent Energy
    http://bphenergy.com.au/documents/Capital%20Raising%20and%20Investment%20Update.pdf

    MMR = currently holds 51.1% of Advent Energy Ltd.
    http://www.mecresources.com.au/investments/index.html

    On the surface that would seem to suggest a valuation of say 2:1 and not 5:1 (and I'm valuing BPH's other assets a $0)

    Have I missed something obvious that the market hasn't?

    (Position held in BPH and not MMR)
 
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1.4¢
Change
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Mkt cap ! $15.82M
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1.4¢ 1.4¢ 1.4¢ $1K 71.42K

Buyers (Bids)

No. Vol. Price($)
5 1563698 1.3¢
 

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Price($) Vol. No.
1.4¢ 2146510 8
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