BPG 0.00% 0.9¢ byte power group limited

Ann: Half Yearly Report and Accounts, page-27

  1. 769 Posts.
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    And Selling Power !!

    In all seriousness, great initiative and count me in! Not trying to score brownie points, but I believe I mentioned this first!!... back on 19/02/18:

    If this were to get a quorum, then I'd suggest it is in the best interest of Share Holders that:

    1. 830mil shares issued to BPG management are retracted.
    2. The 830mil shares (Or less... doesn't have to be that figure) are SOLD to market through a CR at a discount, perhaps at $0.007. If all sold, this will raise $5,810,000.

    I'm much more in favour of selling these shares that just retracting them. If BPG could get $5mil from a CR and a decent payout from the Singapore court hearings, IMO there would be no or a lot less SELLING power if and when this re-opens, perhaps even BUYING power as you mention!

    Just a thought.

    Cheers
    MSN
 
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