BPH 2.30% 8.5¢ bph energy ltd


  1. sck
    3,388 Posts.
    regarding slump in share price.......as the capital raising was open to the general public at .125 with a free attaching option as well as being eligible to the MDS distribution......why would have anyone paid more than the .125 for BPH shares.......in fact existing shareholders were selling down to re-enter via the share placement.......they had nothing to lose by doing so and if they received more than the .125 cents for their existing shareholding.....well they are in front........however with the bigger picture in mind...it may work out all right for all concerned.....hopefully MDS IPO doesnt take years to eventuate.....:)
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