Its not a big position relative to the SOI and market cap. One day of trading after good news will take that out. I clearly remember WBT trading sideways for about 2 months after their 28c cap raise and the volume was extremely light. Then suddenly, on now news, it was trading $1.04. The two charts are very similar. See below.
The main difference with BLG is it already commercial and doesn't require 18months to have a fab qualify the technology each time. Sure the potential market is a fraction of WBT, but BLG is now 5.5% the market cap.
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 (20min delay)
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.71M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $104.2K | 11.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 13241597 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 14726803 | 14 |
View Market Depth
| Last trade - 15.47pm 26/06/2025 (20 minute delay) ? |
| BLG (ASX) Chart |