Looking at the depth of buyers, there is a real chance we could...

Looking at the depth of buyers, there is a real chance we could hit 20cents by friday next week. Share price is dropping about 1 to 2 cents a day, but when the Fidelity notice hits (which I recon is today or Tuesday morning) advising that they have dropped even more and are no longer a significant holder, I feel the sell of will increase

Fidelity have to provide notice when they have sold 800k shares or so, from the 10th to the Close of business on the 15th there were 780k / 800k (shares) total trades, you can then see the big increase in volume from the 15th onward, then on the 16th & 17th trading went nuts.

	Code	Date	Open	High	Low	Close	Volume	Value	Trades

	BLA	10/04/2019	0.395	0.41	0.39	0.39	172,382	68981.115	168
1	BLA	11/04/2019	0.4	0.41	0.39	0.39	108,123	43401.965	102
2	BLA	12/04/2019	0.39	0.405	0.38	0.38	132,708	51494.315	34
3	BLA	15/04/2019	0.365	0.37	0.34	0.345	366,220	128279.215	75
4	BLA	16/04/2019	0.335	0.34	0.3	0.315	530,265	167799.76	146
5	BLA	17/04/2019	0.31	0.32	0.29	0.29	682,690	205451.14	170

Notice period is 2 days for change of holding, assuming that there were others but Fidelity being the driving force selling, they hit their notice requirement on the 16th and then with the balance selling their notice will say they are under the significant shareholder position and no longer required to advise the market.

Thats when the big sell off will start to occur and the price drop will accelerate until BLA updates the market on the Oaktree status.

So I'll be making my decision on if to punt a 2k on this friday next week