Interesting thought Bullrush.
Never mind the banter above re' products, markets, customers etc. BLG has always been a potential target for predators because of the low market cap' and the potential of the technology.
Now the technology is starting to prove itself, combine that with the fact that the market cap' is still way down there, the price vs risk for a savvy predator is greatly reduced.
If they hold a bundle of shares already, BLG is so thinly traded that it's not too hard to sell a portion so as to push the WAP down significantly in order to facilitate an easier takeover.
Hmmm!
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Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $62.12M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.3¢ | $502 | 15.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16861 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 307254 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16861 | 0.033 |
7 | 416624 | 0.032 |
16 | 2836630 | 0.031 |
11 | 1329023 | 0.030 |
2 | 344828 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 307254 | 3 |
0.035 | 749823 | 5 |
0.036 | 359730 | 5 |
0.037 | 627345 | 7 |
0.038 | 297000 | 4 |
Last trade - 11.29am 30/07/2024 (20 minute delay) ? |
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