It’s good to read some genuine contributions on here.
I think most answers are in the 5B. Blue Star still has institutional investors willing to pick up shares at a discount, probably investors already holding. Blue Star is looking to farm out Galactica Pegasus. Finally, Blue Star won’t be spending much on well and/or field development, leaving that for a third party to develop.
In this scenario, we will end up with a diluted SP, moderate income from third parties and Sammons CO2, but hopefully the stability to develop future wells. Hopefully this will see the SP slowly rise.
Ann: Significant Helium Discovery at State 16 Well, page-191
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $16.16M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.754K | 292.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4124158 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 10166517 | 13 |
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| Last trade - 09.59am 01/08/2025 (20 minute delay) ? |
| BNL (ASX) Chart |