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14.3%

0.8¢ blue star helium limited

Agree, the perfect general market sentiment at the moment to...

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makka

1,821 Posts.

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20/10/23

12:05

Post #: 70446808
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Originally posted by Burningbird ↑

This is my take on the SP drifting below 2.1C.
333M shares issued at 2.1 when SP was 2.7

Those investors are not dumping their shares as they will not want to sell at a lose. But they maybe feeding a portion of their holdings into the sell price dragging the SP lower and mopping up even more shares. In effect lowering their 2.1C buy in price even lower. They will get a bigger bounce in profits when drilling and drill results come out within the next 2 months. I would expect some heavy selling around the 3 - 3.5C mark as they have millions of shares to sell to recoup capital and a profit. Will be a good earn for a few months investment.

Just my read of things.

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Agree, the perfect general market sentiment at the moment to scare investors out of their shares and accumulate lower.

Last edited by makka: 20/10/23

BNL Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $15.53M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$2.09K	277.8K

Buyers (Bids)

No.	Vol.	Price($)
9	5447132	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	9528771	19

View Market Depth

No.	Vol.	Price($)
9	5447132	0.007
22	11468148	0.006
24	7822450	0.005
9	5566966	0.004
4	5350001	0.003

Price($)	Vol.	No.
0.008	9528771	19
0.009	1697758	7
0.010	4152418	8
0.011	2364091	4
0.012	725000	1

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 0.8¢			Change 0.001 ( 14.3 %)
Open	High		Low	Volume
0.8¢	0.8¢		0.8¢	4034
Last updated 15.54pm 06/05/2024 ?

BNL (ASX) Chart

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