BPH 29.4% 1.2¢ bph energy ltd

new info on sspp and spinoff, page-4

  1. rja
    358 Posts.
    l to could not participate in this spp, l couldn't agree
    more with you mickeyd in that it appears management does not have shareholders interest in mind, they are forever splitting, and giving away shares in new companies, and l fail to understand why they cannot keep any potential that may exist within their present organization, l have received no real value from this management which commenced with GBA shares at 20 cents currently .072 cents, l have received BPH shares (equal holdings similar to this one being proposed)
    .08 prior to annoucement and also received a distribution of MEC shares currently .12 cents in effect my 20 cent shares in GBA purchased years ago are actually worth :
    Example 1000 shares @ 20 cents = $ 200-00 orginal outlay,
    Value prior to announcement GBA .07 cents $ 70-00
    BPH .08 cents $ 80-00
    1:2 distribution MMR .12 cents $ 60-00
    How many halve apples do we have now for very little return
 
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