Greetings chickendinner, lets hope something is brewing, could take a while but it's a start?
Yep you are right, last Top 20 I have seen was 2017 Annual report which had Top 20 with over 80% so it's well held. Dilution is always a concern, but with approx. 500m shares on issue and a market cap of $1m there is plenty of room for upside, even with significant dilution, as long as they can get the SP up before the recap / vend in / capital raise. Don't forget, BSP will need to pay back the $500k it owes, so that needs to be accounted for.
Hopefully, we are talking again soon, otherwise you know the drill - back to sleep until next time it stirs a bit... lol
Cheers.
BSP Price at posting:
0.2¢ Sentiment: None Disclosure: Held
