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Former Alinta boss Bob Browning chairs newly-listed BidEnergy

BidEnergy, Syntonic start trading

Shareholders in one-time mining companies Cove Resources and Pacific Ore have enjoyed solid gains after the two companies resumed trading on the ASX as tech plays, with one chaired by former Alinta boss Bob Browning and the other run from Seattle.

Cove has relisted as BidEnergy, after a $7 million capital raising and reverse takeover of the business, which is developing a cloud-based energy spend management platform.

The capital raising was led by Canaccord Genuity and Cygnet Capital.

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