BPH = 27.42% of Advent Energy
http://bphenergy.com.au/documents/Capital%20Raising%20and%20Investment%20Update.pdf
MMR = currently holds 51.1% of Advent Energy Ltd.
http://www.mecresources.com.au/investments/index.html
On the surface that would seem to suggest a valuation of say 2:1 and not 5:1 (and I'm valuing BPH's other assets a $0)
Have I missed something obvious that the market hasn't?
(Position held in BPH and not MMR)
1 mmr=5 bph = market is crazy, page-5
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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 |
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| Last trade - 14.56pm 02/12/2024 (20 minute delay) ? |
| BPH (ASX) Chart |
