Selling below the CR price seems very odd - especially as the CR was well oversubscribed and BNL now have plenty of cash to move onto the drilling stage.
Have absolutely no idea why the sell off has come this week - maybe some want to take profits before the drilling commences to de-risk. You'd think they would at least not go below the CR level.
I'll hang on mine as any good drilling result is likely to bring on a significant bounce back. Current drop is a bit annoying though. Shows some investors are here for a quick turnaround and have not done much research into BNL and what they are doing at all.
Ann: Blue Star Helium Successfully Raises A$15Million, page-44
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.61M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $2.329K | 375.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2284147 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 5317726 | 11 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BNL (ASX) Chart |