Unlike the announcements of multi billion market opportunities which might happen and which have been invariably greeted by the market with a yawn and erosion of the sp price erode for 12 months (despite the new CEO'S protestations to the contrary), it appears the market has responded positively to the Blue Hills announcement
Until we learn more of the intentions concerning the "alternative ways to monetize the exploration assets" (another "Balista" around the corner?) we will not know where Blue Hills will fit in the scheme of things.
Hopefully it wlll succeed and the asset held to fill the graphene development working capital black holes and not sold of for short term gain for similar purpose.
It might also provide a short term source of income if the improvement is sustained long enough to encourage the conversion of the remaining 7.5 cent options (I have lost track of how many have been converted to date)
Perhaps the series of three presentations were timed as part of this strategy the failure of which to excite the market having caused the belated slippage in the Blue Hills
The message from the market seems clear. "Stick to your knitting"
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Unlike the announcements of multi billion market opportunities...
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Last
36.5¢ |
Change
0.030(8.96%) |
Mkt cap ! $93.01M |
Open | High | Low | Value | Volume |
34.5¢ | 37.0¢ | 33.0¢ | $84.55K | 240.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9107 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 8200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9107 | 0.355 |
1 | 5000 | 0.345 |
1 | 41364 | 0.340 |
2 | 9187 | 0.330 |
2 | 19500 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 8200 | 1 |
0.370 | 12850 | 2 |
0.375 | 10000 | 1 |
0.380 | 33439 | 6 |
0.385 | 1052 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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