So only $470k raised out of $2.7M on offer. Disappointing, but not unexpected. Reflects a high level of uncertainty and a quite thin proportion of committed retail investors.
However, this is not a big problem in the broader scheme of things for BLG. The main game was the placement, which raised $10.2. This should last them over a year, by which time the investment should be further de-risked with some good revenues flowing in from repeat orders. All IMO.
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $23.18M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 0.9¢ | $17.09K | 1.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4501513 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2262692 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| BLG (ASX) Chart |