BNL 9.09% 1.0¢ blue star helium limited

SMZ, I have also been thinking about this issue. It appears that...

  1. 1,656 Posts.
    lightbulb Created with Sketch. 225
    SMZ,

    I have also been thinking about this issue. It appears that the company is relying heavily on the production from these wells and gas flows. However, it remains uncertain whether it will be profitable. We should take the first two reports with scepticism because Trent seems willing to take risks even with his own shares.

    "This is a significant concern, as he was aware that the release would be unfavourable. Therefore, he did not bother to add more funds to his margin account. He knew that the price was going to drop even further despite the fact that they were able to extract gas from the ground. This move is unfair to the shareholders who have supported these drilling activities."

    It is only a small holding I kept from last year, but the writing was on the wall when the first set of sales was made from vested parties close to the source.

    A picture tells a thousand words they say.

    https://hotcopper.com.au/data/attachments/6025/6025741-1617d1fa846cfcfb78970d50f42b5572.jpg

 
watchlist Created with Sketch. Add BNL (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $19.42M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $7.278K 691.8K

Buyers (Bids)

No. Vol. Price($)
5 2367940 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 1696533 5
View Market Depth
Last trade - 15.44pm 10/06/2024 (20 minute delay) ?
Last
1.0¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.0¢ 1.0¢ 1.0¢ 100000
Last updated 13.12pm 10/06/2024 ?
BNL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.