BPH 4.55% 2.1¢ bph energy ltd

Ann: Placement and Rights Issue, page-179

  1. 722 Posts.
    lightbulb Created with Sketch. 197
    I've posted the info before actually.
    BPH had 310M shares on issue not including options and went to about 30c.

    Bro is a term of endearment or comradery where I'm from.
    just trying to help out.
    remember your post here?
    https://hotcopper.com.au/threads/ann-trading-halt.5506959/page-12?post_id=45928716
    You said "They will have to issue shares at minuscule price which means unnecessary dilution for existing holders."
    Price wasn't minuscule. Wasn't unnecessary dilution for holders because it nearly all goes to holders. Price up 64% since.
    BPH just keeps moving higher and silencing the naysayers.
    Will be even better when they get finance and drill in 2020 to really surprise people.
 
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