Could someone please advise how BPH could justify $500m mcap (equal to that of SXY) in its current position? Even after approval is granted. We have $9M in bank, no revenue and won't be drilling Monday. Compared to SXY, which has annual revenue of $100m/yr approx and is actively producing and selling gas to the east coast.
I'm bullish on this, but the claims thrown around here truly are absurd.
Could someone please advise how BPH could justify $500m mcap...
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Mkt cap ! $24.14M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $83.09K | 3.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 683856 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 499499 | 4 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.2¢ | 2.1¢ | 1327257 | ||
| Last updated 15.51pm 08/05/2024 ? | |||||
| BPH (ASX) Chart |