Australian (ASX) Stock Market Forum

BPP - Babylon Pump & Power

Is this when you kick yourself for not jumping in 2 days ago. Now up 400% on that low in 2 days! Rollout of Intelliheart into Pulse Pharmacies and the purchase of a radiology and imaging business seem to be doing wonders...
 
Is this when you kick yourself for not jumping in 2 days ago. Now up 400% on that low in 2 days! Rollout of Intelliheart into Pulse Pharmacies and the purchase of a radiology and imaging business seem to be doing wonders...

Definite kicking!

I always looked at IMI and thought about buying up at .003 for the news relating to their business (in this case Intelliheart etc).

But I always turned away not knowing much else about the company (debt, cash position, cap raisings possible etc)...stupid stupid me :banghead:
 
IMI IM Medical Ltd

Hi All

Does anyone alse believe that IMI is headed north in the coming weeks or even days??? Recently interest has picked up and this is what leads me to believe that IMI is on the way up


Any thoughts would be appreciated
 
Re: IMI IM Medical Ltd

Recently interest has picked up and this is what leads me to believe that IMI is on the way up

Any thoughts would be appreciated

nesta.

This stock appears to be flat-lining (not auspicious for a business deeply involved in heart monitoring - sorry, but couldn't resist it!).

Seriously, from the attached chart's perspective I don't see a great deal of activity, nor any cause for excitement. Apart from May 09, there has been next to no activity, price or volume-wise.

Perhaps you know something I don't. I'd be interested as I hold a small parcel!
 

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I get the feeling (not that anybody should trade on a feeling) that it will hit 1c someday soon, or maybe I'm just hoping.....


I was just hoping that somebody else knew something I didn't....

Thanks anyway!!!!!
 
why the sudden surge in the amount of shares traded??? any news coming out???????
i hope i need to get my lost money back!!!
 
21 Mil dumped today.

How much longer till I do all my money on this stock. Cant be too far now.

Lucky I didn't have too much invested.
 
WOW ...91 Mil traded today.

Just about took out .004c!!!:eek:

Something on the way???

Day traders might jump onto this tomorrow!
 
Not sure if anyone is still here but someone bought almost $30,000 worth of IMI this morning. I've got a small amount but to be honest i can't see why anyone would do that, seeing it hasn't been going so well recently.
 
These guys have been plodding along at an average of 400k shares/day with the occasional jump into 20M. The last three days saw 400M change hands at 0.1c .
Looks like dumping of shares by holders but someone was still willing to buy them.
Any opinions?
 
I went to check on my portfolio yesterday (and this morning) and saw IMI had an 'invalid' next to it with no other details. Does this mean it is suspended? If so, does it mean it's pretty much as good as gone for good?

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On December 18th, 2017, IM Medical Limited (IMI) changed its name and ASX code to Babylon Pump & Power Limited (BPP).
 
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Not much on this since listing, and for good reason if the charts are to be believed. Now with a market cap of under $15 million. Shares on a slide for quite a while, now 0.6c

Across three divisions Babylon specialises in
  • renting diesel pumping and power equipment,
  • water and abrasive blasting and servicing
  • repairing large diesel engines – more than 2000 horsepower – for equipment such as generators and haul trucks.
Tim Boreham has a bit of a squizz, gets under the bonnet:

 
Many years ago I asked a director of such a company with billions of shares on issue and a very low share price why did they not consolidate the shares to a more reasonable and manageable number. Too much room for the share price to fall further thus further reducing the market cap was the response.
Consequently, I always find it difficult to to take seriously companies with billions of shares and which are a very low price unless they have a lengthy proven record of profitability.
 
Many years ago I asked a director of such a company with billions of shares on issue and a very low share price why did they not consolidate the shares to a more reasonable and manageable number. Too much room for the share price to fall further thus further reducing the market cap was the response.
Consequently, I always find it difficult to to take seriously companies with billions of shares and which are a very low price unless they have a lengthy proven record of profitability.
I think the lead para says it all ....
"When Michael Shelby and some colleagues formed mining services minnow Babylon Pump & Power in 2017, all he had was a good reputation in the sector spanning many decades."

Not everyone should run a standalone company .
 
It is to be hoped that Marduk shines his divine light on this little piglet.

Old Babylonian period[edit]​

220px-Hammurabi%27s_Babylonia_1.svg.png

Map showing the Babylonian territory upon Hammurabi's ascension in 1792 BC and upon his death in 1750 BC
nian%2C_formerly_in_the_Charterhouse_Collection_03.jpg

Old Babylonian cylinder seal, hematite. This seal was probably made in a workshop at Sippar(about 65 km or 40 mi north of Babylon on the map above) either during, or shortly before, the reign of Hammurabi.[35] It depicts the king making an animal offering to the sun god Shamash.
nian%2C_formerly_in_the_Charterhouse_Collection_09.jpg

Linescan camera image of the cylinder seal above (reversed to resemble an impression).
According to a Babylonian date list, Amorite[a] rule in Babylon began (c. 19th or 18th century BC) with a chieftain named Sumu-abum, who declared independence from the neighboring city-state of Kazallu. Sumu-la-El, whose dates may be concurrent with those of Sumu-abum, is usually given as the progenitor of the First Babylonian dynasty. Both are credited with building the walls of Babylon. In any case, the records describe Sumu-la-El's military successes establishing a regional sphere of influence for Babylon.[36]

Babylon was initially a minor city-state, and controlled little surrounding territory; its first four Amorite rulers did not assume the title of king. The older and more powerful states of Assyria, Elam, Isin, and Larsa overshadowed Babylon until it became the capital of Hammurabi's short-lived empire about a century later. Hammurabi (r. 1792–1750 BC) is famous for codifying the laws of Babylonia into the Code of Hammurabi. He conquered all of the cities and city states of southern Mesopotamia, including Isin, Larsa, Ur, Uruk, Nippur, Lagash, Eridu, Kish, Adab, Eshnunna, Akshak, Akkad, Shuruppak, Bad-tibira, Sippar, and Girsu, coalescing them into one kingdom, ruled from Babylon. Hammurabi also invaded and conquered Elam to the east, and the kingdoms of Mari and Ebla to the northwest. After a protracted struggle with the powerful Assyrian king Ishme-Dagan of the Old Assyrian Empire, he forced his successor to pay tribute late in his reign, spreading Babylonian power to Assyria's Hattian and Hurrian colonies in Asia Minor.

After the reign of Hammurabi, the whole of southern Mesopotamia came to be known as Babylonia, whereas the north had already coalesced centuries before into Assyria. From this time, Babylon supplanted Nippur and Eridu as the major religious centers of southern Mesopotamia. Hammurabi's empire destabilized after his death. Assyrians defeated and drove out the Babylonians and Amorites. The far south of Mesopotamia broke away, forming the native Sealand Dynasty, and the Elamites appropriated territory in eastern Mesopotamia. The Amorite dynasty remained in power in Babylon, which again became a small city state.

Texts from Old Babylon often include references to Shamash, the sun-god of Sippar, treated as a supreme deity, and Marduk, considered as his son. Marduk was later elevated to a higher status and Shamash lowered, perhaps reflecting Babylon's rising political power.[18]

gg
 
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