BPH 5.26% 1.8¢ bph energy ltd

options question, page-2

  1. 9,780 Posts.
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    The placement to raise $20 million will be on a post consolidated basis at a minimum 20 cents per share. The options will be issued on a 1 for 2 basis to those who have participated in the placement.

    The way the sp is going the placement may end up at 40 cents per share.
 
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