BPH 0.00% 1.9¢ bph energy ltd

Updated calculations of BUY/BPH ratio after BPH CRIf you...

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    Updated calculations of BUY/BPH ratio after BPH CR

    If you disregard all other than PEP11 assets of BPH and BUY,
    If you assume that BPH already invested additionally in Advent after CR and own 33% of it, than:

    Advent energy own 85% of PEP11
    BPH own 33 % of Advent energy,
    BPH therefor have an 28.05% exposure to Pep11

    BUY own 15% of PEP 11

    After recent increase by 69 mln shares:
    BPH - 633 millions shares 28.05% of PEP; 1% PEP= 22.6 mil
    BUY - 1096 millions shares 15% of PEP; 1% PEP= 73.06 mil

    The right ratio expected to be 1:3.23
 
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