Australia's largest stock trading and investment forum Australia's #1 stock forum

BSX

Click for more information

2.86%

3.4¢ blackstone minerals limited

Ann: Blackstone to raise $21M in Placement and SPP, page-70

First 70 Last

Share
Profile

Follow
pominoz

1,171 Posts.

52

14/09/20

18:07

Post #: 47331431
Share

Originally posted by mercsman ↑

Exactly.

I'm not disputing a CR, but I sure am disputing the need to do it RIGHT NOW.

People here can't seriously believe that BSX raising funds 2-3 weeks before some big (positive) announcements is BSX taking care of EXISTING shareholders. I have no doubts the SP would be north of $0.70 without this raise post these announcements, allowing a CR at $0.62, and a lot less shares being issued.

You can't argue that a CR in 4 weeks time would not have been successful IF you believe the long term potential of BSX is solid. We, as existing shareholders are NOT being looked after as well as we could have been.

But, I'm here for the long term potential, which is why I am holding. I'm also not here for Tesla, we don't need them at all.

Expand

I’m assuming the instos pushed for the raise prior to the MRE.

BSX Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

LU7

The Breakdown: Lithium Universe talks financial modelling and lithium pricing in strong preliminary feasibility study for Bécancour

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BC8

Black Cat Syndicate turns producer as first gold doré poured from 100% owned Myhree project

There are more pages in this discussion • 200 more messages in this thread...

First 70 Last

Add BSX (ASX) to my watchlist

(20min delay)
Last 3.4¢		Change -0.001(2.86%)		Mkt cap ! $17.94M

Open	High	Low	Value	Volume
3.5¢	3.5¢	3.4¢	$2.533K	74.05K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	40151	1

View Market Depth

No.	Vol.	Price($)
1	15000	0.034
1	50000	0.033
1	16129	0.031
5	505000	0.030
1	5000	0.029

Price($)	Vol.	No.
0.033	24584	1
0.035	75408	2
0.036	100000	1
0.037	20000	1
0.038	62362	1

Last trade - 16.10pm 03/10/2024 (20 minute delay)

BSX (ASX) Chart