BPH 0.00% 2.2¢ bph energy ltd

Hi allPratta here - I'm back! acquired ~420k shares yesterday...

  1. 117 Posts.
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    Hi all

    Pratta here - I'm back! acquired ~420k shares yesterday after putting the deposit on my house and selling some shares in another group.

    I originally was going to grab ~1m of shares but I'm a little nervous about Scotty's comments last week - I think that SMs comments relate to his personal view on the application, not the parties view and not what he thinks is in the national interest.

    In terms of risk vs reward I am putting up $50k, if I lose $35k I will be sad, but I understand the risk. HOWEVER if I make $280k (assuming 80c on approval) I and the ATO will be very happy I have put in many hours of sussing out the likelihood of approval.
    Show me where I can get $5.5:1 odds on something this probable and I will back it... This isn't like putting $100 on Adelaide FC to beat Richmond Tigers lol.

    Life is like a box of chocolates, I'm just hoping that BPH is a tasty little hazelnut whirl.

    Regards,
    Gumpy Pratta


 
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Mkt cap ! $24.14M
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2.2¢ 2.2¢ 2.1¢ $83.09K 3.933M

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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
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Last updated 15.51pm 08/05/2024 ?
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