Bidenergy Ltd (BID)
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Movement
1 Year Return
Bidenergy Ltd Chart
| Share price | |
| Last | |
| Change | |
| Volume | |
| Turnover | |
| Market Cap | $98.04 million |
| Today's Movement | |
| Prev. Close | |
| Open | |
| Day Range | - |
| VWAP | |
| Historical Stats | |
| 52w Range | - |
| 4w Avg Volume | |
| 4w Avg Turnover | |
| (delayed) | |
BID Statistics
07 April
689 / 2,256
ASX Size Rank
1yr Return
vs Sector (1yr)
+7.99%
vs ASX 200 (1yr)
+8.17%
$98.04 million
Market Cap
Share Issue
130.72 million
All Ords (%)
N/A
Short Sold
0.59%
Current Fundamentals
07 April
N/A
PE Ratio
EPS ($)
-0.074
Earnings Yield
-9.84%
NTA ($)
0.06
N/A
Dividend Yield
DPS ($)
-
Gross Div. Yield
-
Gross DPS ($)
-
Company Overview
BidEnergy Limited (BID, formerly Cove Resources Limited) is an Australia-based technology company, which provides utility spend management services through the deployment of its cloud-based software platform. In the US only, the Consolidated Entity also earns revenue from its rebate management business whereby fees are earned from clients for managing the submission of information to energy retailers to facilitate the processing of rebates under the ‘Energy Efficient Infrastructure Program'.
Former Names
Cove Resources Limited (CVE), 13/07/2016
Upcoming Calendar
| 27 Aug 2020 | Report (Prelim) |
| 25 Sep 2020 | Report (Annual) |
| 22 Oct 2020 | Report (Annual) |
| 25 Feb 2021 | Report (Interim) |
Dividend History
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| No dividends paid in the last 5 years | ||||
See Upcoming Dividends for all ASX companies.
Announcements
| Date | Heading | Pages | File Size | Time |
|---|---|---|---|---|
Broker Consensus
The buy, hold and sell recommendations from Australian stockbroking firms are combined to form a "broker consensus". See the Consensus Data posts for more information.
STRONG BUY
24/02/20
2
BUY
0
HOLD
0
SELL
Broker Consensus data compiled by Market Index.
Directors & Management
| Name | Title | Since | Bio |
|---|---|---|---|
| Mr Guy Maine | Managing Director | Jan 2018 |
|
| Mr Geoffrey (Geoff) Kleemann | Non-Executive Director | Sep 2019 |
|
| Ms Leanne Theresa Graham | Non-Executive Director | Jul 2016 |
|
| Ms Erlyn Dale | Company Secretary | Feb 2015 |
|
| Mr Andrew Dyer | Non-Executive Director, Non-Executive Chairman | Jul 2018 |
|
| Darren Knihnicki | Chief Commercial Officer | N/A | |
| Matthew Watson | Chief Finance Officer | N/A |
Director Transactions
BID directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
| Date | Director | Type | Amount | Price | Value | Notes |
|---|---|---|---|---|---|---|
| 11/03/20 | Andrew Dyer | Buy | +30,000 | $0.669 | $20,079 | On-market trade. |
| 10/03/20 | Guy Maine | Expiry | 700,000 | $0.690 | $483,000 | Options expired. |
| 10/03/20 | Guy Maine | Buy | +27,882 | $0.712 | $19,840 | On-market trade. |
| 03/12/19 | Guy Maine | Issued | 1,277,611 | $0.620 | $792,118 | Issue of options. |
| 03/12/19 | Geoffrey (Geoff) Kleemann | Issued | 259,933 | $0.620 | $161,158 | Issue of options. |
| 03/12/19 | Geoffrey (Geoff) Kleemann | Issued | 51,725 | $0.580 | $30,000 | Participation in share purchase plan. |
| 03/12/19 | Leanne Graham | Issued | 17,242 | $0.580 | $10,000 | Participation in share purchase plan. |
| 03/12/19 | Leanne Graham | Issued | 225,450 | $0.620 | $139,779 | Issue of options. |
| 03/12/19 | Andrew Dyer | Issued | 51,725 | $0.580 | $30,000 | Participation in share purchase plan. |
| 03/12/19 | Andrew Dyer | Issued | 277,611 | $0.620 | $172,118 | Issue of options. |
| 13/08/19 | Andrew Dyer | Buy | +35,000 | $0.600 | $21,000 | On-market trade. |
| 02/08/19 | Leanne Graham | Buy | +16,240 | $0.585 | $9,500 | On-market trade. |
| 01/08/19 | Guy Maine | Buy | +16,666 | $0.600 | $10,000 | On-market trade. |
| 03/04/19 | Andrew Dyer | Buy | +20,000 | $0.850 | $17,000 | On-market trade. |
| 02/04/19 | Guy Maine | Buy | +10,000 | $0.835 | $8,350 | On-market trade. |
| 28/02/19 | Andrew Dyer | Buy | +20,000 | $1.050 | $21,000 | On-market trade. |
| 27/02/19 | Leanne Graham | Buy | +13,270 | $1.130 | $14,995 | On-market trade. |
| 26/02/19 | Guy Maine | Buy | +15,000 | $1.080 | $16,200 | On-market trade. |
| 22/02/19 | James Baillieu | Transfer | 177,913 | $0.900 | $160,121 | Off-market transfer. |
| 31/12/18 | Andrew Dyer | Buy | +3,028 | $1.100 | $3,330 | On-market trade. |
| 28/12/18 | Andrew Dyer | Buy | +22,972 | $1.112 | $25,549 | On-market trade. |
| 21/12/18 | Andrew Dyer | Buy | +20,000 | $1.010 | $20,200 | On-market trade. |
| 20/12/18 | James Baillieu | Buy | +387,840 | $1.044 | $405,095 | On-market trade. |
| 19/12/18 | Leanne Graham | Buy | +9,200 | $1.050 | $9,660 | On-market trade. |
| 18/12/18 | Guy Maine | Buy | +10,000 | $1.000 | $10,000 | On-market trade. |
| 27/11/18 | Anthony Du Preez | Issued | 2,000,000 | $0.115 | $230,000 | Issue of options. |
| 27/11/18 | Leanne Graham | Issued | 2,000,000 | $0.115 | $230,000 | Issue of options. |
| 27/11/18 | Andrew Dyer | Issued | 2,000,000 | $0.115 | $230,000 | Issue of options. |
| 27/11/18 | James Baillieu | Issued | 2,000,000 | $0.115 | $230,000 | Issue of options. |
| 01/11/18 | Guy Maine | Buy | +91,095 | $0.110 | $10,020 | On-market trade. |
| 31/08/18 | Guy Maine | Buy | +95,500 | $0.135 | $12,892 | On-market trade. |
| 18/07/18 | James Baillieu | Buy | +3,000,000 | $0.093 | $278,691 | On-market trade. |
| 11/05/18 | Leanne Graham | Buy | +1,100,000 | $0.045 | $48,953 | On-market trade. |
| 04/05/18 | James Baillieu | Buy | +4,000,000 | $0.036 | $142,042 | On-market trade. |
| 09/02/18 | Guy Maine | Buy | +554,445 | $0.018 | $9,980 | On-market trade. |
| 29/09/17 | Robert (Bob) Browning | Issued | 2,321,142 | $0.020 | $46,422 | Conversion of securities. |
| 29/09/17 | Robert (Bob) Browning | Exercise | 2,321,142 | $0.020 | $46,422 | Conversion of securities. |
| 29/09/17 | Clive Allinson | Issued | 5,064,308 | $0.020 | $101,286 | Conversion of securities. |
| 29/09/17 | Clive Allinson | Exercise | 5,064,308 | $0.020 | $101,286 | Conversion of securities. |
| 15/09/17 | Phil Adams | Buy | +19,000,000 | $0.024 | $456,000 | As advised by the company. |
| 08/08/17 | James Baillieu | Transfer | 1,209,805 | $0.024 | $29,035 | Off-market transfer. |
| 08/08/17 | James Baillieu | Issued | 50,000,000 | $0.020 | $1,000,000 | Rights issue. |
| 28/12/16 | Leanne Graham | Issued | 500,000 | $0.057 | $28,500 | |
| 28/12/16 | Leanne Graham | Issued | 500,000 | $0.057 | $28,500 | Issue of securities. |
| 01/07/16 | Winton Willesee | Buy | +450,000 | $0.100 | $45,000 |
Shareholder Distribution
| Holding Size | 1 - 1,000 | 1,001 - 5,000 | 5,001 - 10,000 | 10,001 - 100,000 | 100,001 and over | Total Shareholders |
|---|---|---|---|---|---|---|
| No. of Shareholders | 508 | 518 | 274 | 566 | 132 | 1,998 |
Top 20 Shareholders
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 11,223,875 | 9.72% |
| UBS Nominees Pty Ltd | 7,279,381 | 6.30% |
| Citicorp Nominees Pty Limited | 6,900,773 | 5.98% |
| Auction Design Pty Ltd |
6,833,684 | 5.92% |
| Blue Lagoon International Corporation | 5,824,545 | 5.04% |
| Carolyn Palmer | 2,887,472 | 2.50% |
| Blue Lagoon International Corporation I | 2,797,666 | 2.42% |
| Allinson Trauts Pty Ltd |
2,340,957 | 2.03% |
| Cregan Holdings Pty Ltd |
1,988,236 | 1.72% |
| G4 Investors Pty Ltd |
1,819,746 | 1.58% |
| Nailo Pty Ltd | 1,604,152 | 1.39% |
| Emhal Pty Ltd | 1,500,000 | 1.30% |
| Sapeame Pty Ltd |
1,328,373 | 1.15% |
| Rjir Pty Ltd | 1,328,169 | 1.15% |
| HSBC Custody Nominees (Australia) Limited – A/C 2 | 1,315,540 | 1.14% |
| Capital Accretion Pty Ltd |
1,176,471 | 1.02% |
| Mrs Ivonne Vonny Sobirin-Wenas | 1,086,496 | 0.94% |
| Cg Nominees (Australia) Pty Ltd | 1,078,664 | 0.93% |
| Cassa Trading Pty Ltd |
904,523 | 0.78% |
| Lsf 2000 Pty Ltd |
900,000 | 0.78% |
| All other shareholders | 46.21 % | |
The Top 20 Shareholders of BID hold 53.79% of shares on issue.
BID Share Price History
| Date | Close | Change | % Change | Open | High | Low | Volume | Turnover |
|---|---|---|---|---|---|---|---|---|
BID Historical Data
Download up to 20 years of share price history.
| Year | Closing Price (30 June) | Last Trade |
|---|---|---|
| 2019 | $0.74 | 28 June |
| 2018 | $0.053 | 29 June |
| 2017 | $0.022 | 28 June |
Offical data as published by ASX. See more Data Downloads.
Company Details
Principal Activity: Carrying on its business as a provider of utility spend management services through the deployment of its cloud-based software platform.
Incorporated: Cove Resources Limited was incorporated on 4 June 2008 as an exploration company established to generate shareholder wealth by identifying, acquiring, exploring and/or developing mineral projects that possess the potential for exploration upside.
Level 19, 15 William St
Melbourne VIC 3000
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.