BPH 4.55% 2.1¢ bph energy ltd

Assailed they didn't raise $20Min with false information at...

  1. 722 Posts.
    lightbulb Created with Sketch. 197
    Assailed they didn't raise $20Min with false information at all

    Come on now stop being silly

    They had a legitimate oil prospect, independently surveyed to host up to 6TCF of gas. They raised money, they drilled but unfortunately they drilled the wrong formation and hit sandstone. The gas hasn't gone, the chance of success hasn't deceased as it still hasn't hit the target spot.

    Now when you look back at the chart it's misleading as there has been several consolidations since. I remember clearly BPH was under 10c prior to PEP11 approval. It topped at just over $1 and was worth $300Miln.

    I feel sorry for you I do as when you experienced the re-consolidation this was prior to a bad result and from a huge market cap, so it had heaps to fall. This recent one was done at $3M. It can't get much cheaper.

    The best stocks are the ones everyone hates and think will fail. The same was said about STX and WGO and then they found 1TCF and ran to $1Bn market caps. This is 6 times larger my bro

    Chill out. This will come together nicely. It was worth $300M last time prior to a result. It's worth $2.6M now. it has a huge amount to run. I hope you make most of your capital back friend
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
-0.001(4.55%)
Mkt cap ! $23.04M
Open High Low Value Volume
2.1¢ 2.2¢ 2.1¢ $26.6K 1.266M

Buyers (Bids)

No. Vol. Price($)
16 1910645 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 18207 1
View Market Depth
Last trade - 11.01am 26/04/2024 (20 minute delay) ?
Last
2.1¢
  Change
-0.001 ( 4.55 %)
Open High Low Volume
2.1¢ 2.1¢ 2.1¢ 470450
Last updated 11.01am 26/04/2024 ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.