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5.56% 1.9¢ bph energy ltd

Veeone,Doubtfully because they hold around 38% of advent.Advent...

  1. mode1971
    5,573 Posts.
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    05/09/24
    18:45
    Post #: 75548937
    Veeone,

    Doubtfully because they hold around 38% of advent.

    Advent in turn 85% pep, Bligh 15%.

    If bph brings in partner, they would dilute there position in advent and may loose control.

    When advents debt to mec converts to equity, bph will get diluted in pep.

    So only option is equity raise I feel.
    BPH Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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