BPP 7.69% 0.6¢ babylon pump & power limited

Issuing approx. 2billion new shares to fill up the feed bin to...

  1. tcf
    6,864 Posts.
    lightbulb Created with Sketch. 273
    Issuing approx. 2billion new shares to fill up the feed bin to around $900k.

    The only plan appears to be to paid off potential liquidation debt and to pay directors fees.

    No stated plan to acquire or consider acquiring. Even a directors night at the casino would be tempting to consider at this stage.

    Then they will halve listed shares back to around 1.5 billion shares.

    What option does a shareholder have but to approve this ridiculous concept!
 
watchlist Created with Sketch. Add BPP (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(7.69%)
Mkt cap ! $14.99M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $660 110K

Buyers (Bids)

No. Vol. Price($)
6 2690666 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 17831327 5
View Market Depth
Last trade - 12.37pm 03/09/2024 (20 minute delay) ?
BPP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.