BPH 4.55% 2.1¢ bph energy ltd

Yah well, that's how it rolls on the ASX. Hopefully it's just to...

  1. 356 Posts.
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    Yah well, that's how it rolls on the ASX. Hopefully it's just to prove they can raise funds when required for drilling, as some alluded to here. Remember it was stuck in that 2c area for a couple of months and only popped a bit the last 2 weeks or so, so it is what it is. I find the free oppies as OB's rather than a new tranche very very interesting considering the end of Sept expiry. Ol' DB confident they'll be well in the money before then and conversion a bit of a "no brainer" ?? I imagine it will also further stabilize the 2c floor. When things are clarified on Tuesday/next week and all the fuss dies down about the raise it will likely continue on it's merry way. It looked set for a bit of a run yesterday before the ann was dropped also. Ahhhh to have the approval and not have to think about this crap anymore...................rolleyes.png
 
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