BPP 7.14% 2.6¢ babylon pump & power limited

tthis cant just continue rising can it

  1. 2,086 Posts.
    IMI continues to remind me of APG.

    Totally different business's of course but both were/are rumoured to be involved with 'Company Making' deals.

    In APG's case the deal has basically eventuated with the BHP 'alliance' and IMI's is still to be advised. Whether it is the 'Major Pharmacy Chain' deal or 'International Rights' deal - we will have to wait and see. I don't have any inside information on any such deals - I am simply repeating content of other postings on HC and other sites by posters who seem to have followed IMI for sometime.

    APG's price which was 1.9c exactly 1 year ago rose to 4c by Sept 2006, 6.5c by Dec 2006, 16c by March 2007 and hit its high at 20.5c in May. Basically all on the back of the 'BHP' deal. It has since dropped back to 13c as the ongoing work related to the BHP deal has a medium term time frame of late 2007 or early 2008.

    IMI has risen much quicker - 1.9c to 4c this month alone. IMI at 1.1bn shares has about twice the number of shares on issue.

    So - lets see what transpires!
 
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