GBA would have to take up any slack in the BPH placement, but I doubt there will be any. I think the Advent private placement around the 8th of this month (thanks to Surfmore on MMR thread) will show good support (raising for Advent was int eh range of $1.25- $1.85)and therefore BPH holders will want to take up all they can.
glad I topped up on more GBA a few days ago in the last shake out.
the controversy over the delayed drilling is just dumb. it's a gas deposit - not oil. so i doubt it will cause much of a problem once the politicians are shown the actual facts. hopefully they (the politicians) will refocuse themselves on something else (like their jobs).
GBA Price at posting:
28.0¢ Sentiment: LT Buy Disclosure: Held