BPP babylon pump & power limited

Ann: Investor Presentation , page-3

  1. tcf
    6,953 Posts.
    lightbulb Created with Sketch. 280
    I think its important to track through figures presented in the Investor Presentation

    Subject to shareholder approval:

    Pre Consolidation of IMI stock:
    Total Shares: 5,482,600,000 will be issued (presumed value $0.002)

    Options: 717,700,000 (current $0.0072 Sept 2016)
    New Ops: 124,200,000 (gimme's $0.0025 March 2016)
    Total: 841,900,000

    Post Consolidation of WDL (former IMI)
    Shares: 54,826,000 (1:100 consolidation) assume $0.20
    New shares: 83,333,000 (to raise $12.5mill) assume at $0.15
    Total 138,159,600 assume $0.17ps (co. market cap. $23mill)

    Options: 7,177,000 (1:100 consolidation) ex. $0.72
    New Ops: 1,242,000 (1:100 consolidation) ex. $0.25

    This is the situation in March 2013 as proposed by the IMI Board. The valuations post consolidation are likely significantly over estimated for a company which holds % ownership in a Trust which will hold debt of upwards of $40 million on a blue sky project valued at $95 million sometime in mid 2015. The $40 plus million debt to be recovered from lease rentals at a rate of $?? over ??? years.

    White Data shareholders and its Trust holding is the only winner here in my view.

    Let the cash strapped smarties play this one. Good luck to IMI shareholders. In my estimation the majority (up to 97% of IMI shareholders get nothing but a "don't come Monday" and the rest save a bit of face. No wonder the Board never bought shares in their own company.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $16.88M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
8 4909492 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 6219856 11
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
BPP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.