BPH 5.56% 1.7¢ bph energy ltd

be honest, who has sent their spp chq's?, page-3

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    This is a decent play which ever way you look at it...

    If the spp closes early...out come the test results.

    If it looks like they are having trouble getting a full take-up...out come the test results.

    If the spp closes undersubscribed on the 31st, the balance will be picked by an underwriter...then...out come the test results.

    They have all but said the results will be significant...if they are not, there will be hell to pay.

    As far as I can see, they haven't done anything in the past to indicate shonky behaviour, on the contrary, it appears they have actually done very little in the way of trying to boost the share price.

    At this stage, I am inclined to give them the benefit of the doubt.

    My cheque has been sent!

    Cheers!

 
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