Steff
I have thought about BKP's low entry price for such a great return.
I reckon it comes down to risk.
Mention the word Columbia and I reckon most companys head for the hills with it's political situation.
BKP is desparate for income and has to take that risk (cause they don't have much money) and to dilute the share over and over is not a good stragegy.
They dipped out in their only source for income with a dry hole in Mauitania. So hence the high risk approach now.
That is probably why the dissention on the board.
This is as I keep saying a very high risk company. BUT if they can stay in the game and have a shot at the jewel in the crown, ie, THE BIGGEST BASIN IN THE WORLD, in Africa, then the risk is worth it in my opinion.
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Open | High | Low | Value | Volume |
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2 | 1015094 | 0.028 |
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1 | 1000000 | 0.026 |
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Price($) | Vol. | No. |
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0.032 | 233250 | 2 |
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