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Re: BKP - Baraka PetroleumBKP was a stellar performer yesterday, moving up 50% from its recent trading at 0.4 cents up to 0.6 cents. I notice that there is one bidder at 0.5 cents at the front end, of 18 million shares - that bidder is actually a part of a larger bid of 30 million shares. I would love to know what he/she knows about BKP!I am not convinced at this point that its about its Georgina Basin holdings, I wouldn't mind it being something completely different regarding new business. In fact I bought my shares when I read that BKP were actively seeking to diversify their business interests with another project. They had previously sought approval of shareholders to place a few hundred million shares over the following 3 months period, but nothing came of it at the time. Thus I kept the shares in my bottom drawer. Is it now time to watch this space with regard to new business opportunities, I hope so .....
Re: BKP - Baraka Petroleum
BKP was a stellar performer yesterday, moving up 50% from its recent trading at 0.4 cents up to 0.6 cents. I notice that there is one bidder at 0.5 cents at the front end, of 18 million shares - that bidder is actually a part of a larger bid of 30 million shares. I would love to know what he/she knows about BKP!
I am not convinced at this point that its about its Georgina Basin holdings, I wouldn't mind it being something completely different regarding new business. In fact I bought my shares when I read that BKP were actively seeking to diversify their business interests with another project. They had previously sought approval of shareholders to place a few hundred million shares over the following 3 months period, but nothing came of it at the time. Thus I kept the shares in my bottom drawer. Is it now time to watch this space with regard to new business opportunities, I hope so .....
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