BLG 0.00% 2.3¢ bluglass limited

BLG chart, page-564

  1. 152 Posts.
    lightbulb Created with Sketch. 7
    SMA 200 is a good indication for medium-term investors, IMHO.

    Until December last year, it was looking pretty positive with the SMA 200 uptrend. December month looked a bit tricky to trade.

    Today comes CR @ 3.7c (back to the past October 2023 low). Hello where does that comes from?

    Some might say it is dirt cheap, which is true. Would you buy dust?

    I bet day traders will take this opportunity to make a buck or 2 from it.
    I don't see how LT investors can benefit (talking about me) until Bluglass start making some cash.


    https://hotcopper.com.au/data/attachments/5952/5952792-9b38b76623768d583f2e39a04f363e9c.jpg
 
watchlist Created with Sketch. Add BLG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.