Curious about what's happening here.
BP8 is essentially a shell that's been captured by brokerage firms. They have given us advance notice that they intend to shortly conduct a very substantial capital raise. I think clients of Sanlam and (possibly also) Golden Venture Capital will be getting in very cheap (1 or 2c).
I think a big dilution and share consolidation is certainly on the cards. Hopefully there's some positive news flow for current shareholders to recover some of their losses.
Curious about what's happening here.BP8 is essentially a shell...
Add BP8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $1.189M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $650 | 216.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 13702473 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1011367 | 9 |
View Market Depth
| Last trade - 13.32pm 27/09/2024 (20 minute delay) ? |
| BP8 (ASX) Chart |