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BPP - Babylon Pump & Power News Story

A$0.029 0.0  7.4%

Last Trade - 18/09/20

Sector
Industrials
Size
Micro Cap
Market Cap £13.7m
Enterprise Value £17.4m
Revenue £9.70m
Position in Universe 1247th / 1830

BUZZ-Australia's Babylon Pump & Power gains; co plans to buy diesel engines specialist

Fri 26th July, 2019 2:18am
** Shares of Babylon Pump & Power Ltd  BPP.AX  jump as much
as 14.3% to A$0.024, their highest since early-Dec
    ** The mine equipment renter says it entered a conditional
agreement to acquire diesel engines specialist Primepower
Queensland Pty Ltd for up to A$4.2 mln ($2.9 mln)   urn:newsml:reuters.com:*:nASX6BBKQH
    ** Co announces share purchase plan to raise A$1.5 mln for
funding
    ** Stock posts biggest intraday pct gain since July 15
    ** About 1.1 mln shares traded, compared with 30-day avg vol
of 226,200 shares

($1 = 1.4386 Australian dollars)

 ((Ambar.Warrick@thomsonreuters.com; +91-80-6749-6625; Reuters
Messaging: ambar.warrick.thomsonreuters.com@reuters.net))
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