BPH 0.00% 1.2¢ bph energy ltd

Hi theresuggest you also need to take into account MMRs holding...

  1. 9 Posts.
    Hi there

    suggest you also need to take into account MMRs holding in BPH - looks like about 28.44%. So 28.44% of 23.307% is another 6.62% effective interest in Advent held by MMR as a result of its holding in BPH.

    So MMR holds directly and indirectly 50.06% of PEP 11 and BPH 23.307% (I havent checked your % below but am assuming they are about right) so has 2.14x more exposure to PEP11 than BPH, so should be 2.14x the current market cap of BPH of c $35m (assuming nil value for all other assets and no value for PDF status of MMR) or $75m ...however MMR is $126m value/market cap indicating a mispriced BPH (or MMR)!

    Let me know if you disagree.
 
watchlist Created with Sketch. Add BPH (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $14.46M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $19.12K 1.564M

Buyers (Bids)

No. Vol. Price($)
25 4728907 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 936819 7
View Market Depth
Last trade - 14.56pm 02/12/2024 (20 minute delay) ?
BPH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.