I'm guess is they need to do more work / try something different to get the flow rates up. This obviously involves more time and cost, so they wanted to have some money in the bank before they announce to the market.
Ann: Blue Energy receives $7.05 million R&D Tax Rebate, page-9
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Last
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Mkt cap ! $29.61M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 6 | 829184 | 1.5¢ |
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| Price($) | Vol. | No. |
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| 1.6¢ | 518888 | 1 |
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| Last trade - 15.35pm 14/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.7¢ | 1.5¢ | 290707 | ||
| Last updated 15.16pm 14/05/2024 ? | |||||
| BLU (ASX) Chart |