BPH 8.33% 1.3¢ bph energy ltd

Came across this yesterday & instantly my ears pricked up at the...

  1. 8,280 Posts.
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    Came across this yesterday & instantly my ears pricked up at the stark undervaluation & almost apparent 10-bagger in no time.
    I’ll share some of my research below:
    They have 3 interests with the following ownership:
    • Advent Energy (27.4%)
    • Molecular Discovery Systems (20%)
    • Cortical Dynamic Systems (3.89% with option to increase to 10% via conversion of secured loan)
    Current Shares on Issue 235m + a SPP currently in progress (assume all purchased adds another 53m shares). Total shares on issue becomes 288m @ 1.2c = 3.4m mkt cap with 400k cash after the SPP.
    For an EV of 3m we get 3 projects which are company makers in their own right.
    Advent Energy is sitting on an 11BCF Nat Gas resource & yesterday the government just approved a 40m infrastructure upgrade to the area which essentially puts a road to the door of the discovery. This massively increases the attractiveness of this project.
    Cortical Dynamic Systems is ALREADY TGA & CE-Mark approved for sale in Australia & Europe respectively. These are huge markets for which the regulatory risk is removed.
    Molecular Discovery is working through its liver cancer research and this is also a huge market, albeit not anywhere near as advanced (approval stage) as Cortical Dynamics.
    All this is available for an EV of 3m … Will there be another CR shortly (perhaps in the next 3 months), absolutely there will but I dare say the SP will be trading around the 5-10c mark when it next occurs.
    I still can’t believe this undervalued opportunity has so much to offer. Mkt Cap of 20-30m (SP of 7c-10c) should be an absolute given once the market wakes to the opportunity which I feel may occur today & continue next week as they have engaged a media publicist as per their Speeding Ticket reply yesterday.
    This piece of media was also released yesterday http://www.nextsmallcap.com/triple-play-asx-micro-cap-pursuing-billion-dollar-markets/
 
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Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $14.46M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $616 48.08K

Buyers (Bids)

No. Vol. Price($)
29 7433777 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 924906 2
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
BPH (ASX) Chart
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