BPH 4.55% 2.3¢ bph energy ltd

Ann: Extension of Voluntary Suspension, page-78

  1. 3,814 Posts.
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    glad other people can think rationally too
    heaps of junk covid19 deals rushed to market with cap raised at big discounts and many made big claims they probably can’t back up

    The announcement says BPH requests the extension. The ASX has not suspended them. I am told they send the deal to the ASX then they come back and ask all sorts of questions before it’s allowed out. I’m guessing that because the sophs paid a premium and it’s taking its time this is something big and the ASX have to make sure it’s legit. A small nothing deal would be announced in daily trade. This must be a monster.
 
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