TRI - TrivarX Limited

[paulrp0]

Re: BPO - BioProspect Limited

BPO has announced a share placement to raise $1,008,000.
1:1 free attaching option at 2.4 cents per share.
exercisable at 5cents on or before 31 march 2010.

can someone please explain what implications this has for shares currently sitting at .037 with bids up to .045

what does it all mean for BPO HOLDERS?

THEY ARE RAISING MONEY AND GOING TO PRODUCE THEIR PRODUCT??MONEY??

 

[ekman]

Re: BPO - BioProspect Limited

BPO has announced a share placement to raise $1,008,000.
1:1 free attaching option at 2.4 cents per share.
exercisable at 5cents on or before 31 march 2010.

can someone please explain what implications this has for shares currently sitting at .037 with bids up to .045

what does it all mean for BPO HOLDERS?

THEY ARE RAISING MONEY AND GOING TO PRODUCE THEIR PRODUCT??MONEY??

The company has another 5cent options coming up in June. This announcement looks like they do not expect them to be exercised - no way with the way things are going now. So instead of ending up with no cash in hand this is another crafty cunning way of raising moneys. IMHO the sp is going to tank

 

[exberliner1]

Re: BPO - BioProspect Limited

Interesting action in BPO and BPOOA today...

There is an Ann. due any day now and we had the following

Heads + 23%

Oppies +50%

The following large trades....

Heads

10:20:58 - 840,625 at 3.2 - $26,900

10:21:14 - 1,243,375 at 3.2 - $39,788

10 :38:13 - 576,625 at 3.6 - $20,758

12:53:29 - 1,981,896 at 3.6 and 3.7 - $72,340 approx

Oppies

12:54:09 1,881,329 at .005, .006 & .007 - $12,000 approx

worth putting on the watchlist and jumping on board if it continues...

EB

 

[lamborghini]

Re: BPO - BioProspect Limited

It is a smart move and clever way to raise funds without effecting Market Cap (unless price goes above 5c - and lets hope it does for you and me) Maybe worth buying a few options too!

Interest is starting to build in this stock this year and it seems someone has been accumulating it from the start of this year!

I like it regardless and I'll hang around for the ride! It seems relatively cheap below 0.043c but once it breaks .04c who knows how high it will go?

Its products are going in the right direction!

 

[exberliner1]

Re: BPO - BioProspect Limited

It might be worh putting BPO on your watchlist for tomorrow whatever the market does.

The ASX was down 132 points today.

BPO up 17% - 3.4c
BPOOA up 75% 0.7c

An announcement following on from last week's somewhat positive release concerning Termoline is rumoured.

Today it closed at the high with 10mn shares traded....I would suggest that someone knows something - any stocks that spend all day going up in a market like today's deserve watching.

Anyone on ASF know anything??

EB



3.4c

 

[canny]

Re: BPO - BioProspect Limited

Volume and buying to close up 17% yesterday augers well for news soon. The market was very red, and this was a stand out green.

Once the termilone is commercial, I'm seeing a potential dollar stock as it will be absolutely invaluable to the building industry.

Maybe the ann that seems due will short track it to commercial production.

BPO for my money has great potential, and the BPOOA's may offer massive leverage in any good news situation.

 

[exberliner1]

Re: BPO - BioProspect Limited

agreed Canny.....2mn oppies bought already this morning and whole levels being taken out in big chomps.

Wel.....I'm on board but I wish I know what the buyers seem to know...

EB

 

[canny]

Re: BPO - BioProspect Limited

exb, I doubt it'll be too long before we find out.

Constantly rising price and big buyers, along with increased volume and a 17% rise on the day when the ASX fell dramatically all tell me news can't be too far away.

Chart looks primed for breakout too, and if the flag pennant goes to breakout, then 5.8c appears to be the first target.

Quality projects and a lot of 'behind closed door scurrying' are signalling that something is happening here - I'm really lookig forward to finding out if they are fast tracking one of their projects. Maybe something even better?
Here's hoping!!

 

[constable]

Re: BPO - BioProspect Limited

Strong recovery after dipping to .032 with strong depth again.

 

[exberliner1]

Re: BPO - BioProspect Limited

I have posted some more detailed posts about BPO than this one

but...

Serious buying this afternoon plenty of 1mn+ bids going through

Ann. imminent .....

Put BPO on the watchlist the oppies are only 0.008 (5c strike) against the heads at 3.6c ...nice leverage.

You have been warned...

And yes I do hold some but bought much cheaper than the current prices....but there is still a lot more to come based upon recent buying action.

EB

 

[hector]

Re: BPO - BioProspect Limited

I have posted some more detailed posts about BPO than this one

but...

Serious buying this afternoon plenty of 1mn+ bids going through

Ann. imminent .....

Put BPO on the watchlist the oppies are only 0.008 (5c strike) against the heads at 3.6c ...nice leverage.

You have been warned...

And yes I do hold some but bought much cheaper than the current prices....but there is still a lot more to come based upon recent buying action.

EB

This stock broke through 4c on 12th March with high volume. It looks like a nice ascending triangle and today has opened higher than close of past 2 weeks.

 

[lamborghini]

Re: BPO - BioProspect Limited

I got onboard as an ascending triangle back a while.

It is definately looking classic at the moment.

And where there's smoke ...........

The company would benefit if the price goes to .05c before June. They have options expiring in June from memory. Not likely to be exercised if it doesn't go past .05c before then... It can make it easily if good announcements are coming soon.

 

[lamborghini]

Re: BPO - BioProspect Limited



Volume slowly building again!

Steady on low volume. Will next Volume spike send it past .4 or .5c ?

 

[kevro]

Re: BPO - BioProspect Limited

We have a trading halt for Friday the 13th. Should be good news judging by the buying frenzy on Thursday. Leaking info badly by the looks of it.

 

[pacer]

Re: BPO - BioProspect Limited

Is there a connection to SLA...both in trading halt for 4 days today.

 

[daaussie]

Re: BPO - BioProspect Limited

BPO is looking good, the winning news I have been waiting for 2 years for hopefully!

Interesting about the coincidence with SLA which currently is at 80 cents, wonder if they offering BPO a deal?
Good news for holders of BPO at 4 cents if that's so.

there must be some people out there that know something /

please do tell its killing me.

 

[pacer]

Re: BPO - BioProspect Limited

Announcement out.

Seems someone was right....sounds like a good deal for both companies.

 

[Sweet Synergy]

Re: BPO - BioProspect Limited

Announcement out.

Seems someone was right....sounds like a good deal for both companies.

Yeah ... interesting to see SLA got a boost of 12% and BPO dropped 12%. Guess the news wasn't exciting enough for BPO holders? Anybody got any thoughts?

I got stopped out on a similar move, with a similar value ann on SLX late Feb.
Only to see the price almost double shortly after
Although the move down today had significant volume ... the fundamentals still look good to me for BPO and it hasn't broken the underlying trend support. If it breaks the current large consolidation, its got a great target, so I'm still holding.

 

[pacer]

Re: BPO - BioProspect Limited

I don't hold BPO, wish I had a spare $5k, but I suppose I actually will now technically hold BPO I suppose.
BPO holders should be happy with the deal, just look where SLA is heading.....expect similar spectacular rises I would hope once the ball gets rolling and BPO proves up some products....it'll obviously help the SLA SP aswell.

I don't know if the technology will be applied to any other plants in the near future and I suspect the technology to make thier own bioeffectives may not be given to BPO, just the raw product.

Exciting times ahead for both companies IMO.

 

[pacer]

Re: BPO - BioProspect Limited

Looks like BPO is making for a breakout alert.

Ascending triangle has finally broken on the back of the deal with SLA.

BPO options are also now in the money at this stage....congratulations all holders.

Would have jumped on but it looks like NMS will be asking for some $$ off me tomorrow in a capital raising.

Grabbing SLA's coat tails is the best thing to happen for BPO....IMO