BPP 0.00% 0.6¢ babylon pump & power limited

ann out, page-34

  1. 432 Posts.
    Why doesn't it make sense ?

    I hold another start up med stock (PLT) who's CEO put a stack of his own cash into last year paying around 43c per share & buying at market. They are going for only 185c today.

    That stock has been independently valued at over 91c and the company is expecting to go cash positive by the end of this year. Delays there too but the company announced last Monday that they on track to deliver.

    However it is gratifying to know (esp in view of current dismal SP) that the CEO has that much faith in a company I'm investing in.






 
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