BPG Black Pearl Group

[blackcap]

They probably sat around the table and decided 25 cents was a good and fair price and then agreed the NZX is a funny place so they said let's put a 1 in front of it so 125 was the 'list' price

some have been able to hock off a few at inflated prices .... and hoping they'll get to dump a few more to the bargain hunters

Yeah you are probably not far off the mark. With a compliance listing like BPG, the price is irrelevant as no new capital was sought. So any price could have been used and it would make not a jot of difference. Looks like that 25 cents might be a reality sometime in the near future.

[silverblizzard888]

Not sure whose buying, but a fool and their money is surely departed at those prices.

The companies reference price of $1.25 is not great either, maybe meant as a joke, but can you truly trust the seriousness of the management team to have your best interest at heart if they knowingly shovel inflated shares to interested investors who could be mislead by the reference price and end up overpaying.

[nztx]

Not me , better fish to fry elsewhere and good multibagger opportunities

Far better to wait to see if & when the SP falls over a large cliff and what's left afterwards

[silverblizzard888]

At the moment all the company will do is burn cash and dilute through more acquisitions, so best to let it grow and stable out for a bit.

[whatsup]

How the muck did this share have $1 in front of it, now selling at .40 !!

[Sideshow Bob]

Price inquiry already.....

https://www.nzx.com/announcements/403745

[blackcap]

Yeah you are probably not far off the mark. With a compliance listing like BPG, the price is irrelevant as no new capital was sought. So any price could have been used and it would make not a jot of difference. Looks like that 25 cents might be a reality sometime in the near future.

2 days later and we are nearly there. The NZX really needs to get with the play and avoid situations like this. How anyone could have sanctioned a nominal $1.25 on those books is beyond me.

[Entrep]

What kind of goobledy-gook is this? https://www.blackpearl.com/our-technology/

Wouldn’t touch it

[Sideshow Bob]

What kind of goobledy-gook is this? https://www.blackpearl.com/our-technology/

Wouldn’t touch it

One of the key rules isn't it - don't invest in what you don't understand. And I don't understand either.

[nztx]

Only a bungi jump sees a better near vertical descent seen so far in just a matter of days

Was the cuttlery in the tearoom counted twice or counted with gold tinted glasses on ?

The listing party might have been the best celebration seen, now everyone is back to paper cups