Sagasco's acquisition of RL dilutes BPH's net interest in PEP 11, page-3

The trouble with taking up the rights is you need a huge rise in market bid to get a profit on  and with so many sellers there now at .2 cent you need a lot of buyers ,Doesnt Bounty get paid but and doesnt that make things even worse?,i was told beginning of 2011 that Bounty had been getting good drilling results ,but much later came to find out the drilling went as bad as could be.But does that mean bounty no good or that they were drilling just to get the new issue up at the time and already knew theyd find nothing.