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Is the Bahamas Petroleum open offer floundering? – last gasp director spoof

By Tom Winnifrith, The Sheriff of AIM | Thursday 13 May 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

After years of executive greed and value destruction, Bahamas Petroleum (BPC) tried one last roll of the dice on April 23 with an open offer at just 0.35p but I wonder whether there are growing signs that this is failing?

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