BLT has been removed from the All Ords by S&P, it was announced earlier this month but the removal has just taken effect so it looks like instos restricted to investing in companies included in that index have bailed at market.
I picked up a SMALL holding today at 8.4c on the chance that it has been oversold but it is a high-risk punt (I have previously been in and out of BLT at higher levels). The Bulletin's Speculator bought BLT at 13.5cps last November. The company is cashed up, with more than $4m at 31 Dec.
Cheers
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