BP8 0.00% 0.3¢ bph global ltd

Ann: Rights issue and share placement, page-8

  1. 681 Posts.
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    aren't you even slightly concerned that you are being taken for a ride? the stock was trading under 3c barely a week ago, followed by a textbook pump&dump...was pumped from 2.7c to 4.3c and now they announce a 1:5 rights issue @ a 50% discount of 2c, to raise such a minute amount of money to pretty much bankroll themselves for 12-18 months.

    does the company even have any exposure whatsoever to medical marijuana?
 
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