BPP 0.00% 0.6¢ babylon pump & power limited

overvalued

  1. 16,246 Posts.
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    insiders have made a fortune on this one. price went up 50% from 2 to 3 cents but imi tells the asx there is nothing going on but there actually is. has transparent is that.
    anyhow a company that is valued over 35m should be making annual revenue over $10m , what is there current run rate $2m , that means this sigma deal had better bring in about $8m a year for starters. cant see this being the case though.
    insiders have had a field day.
 
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