Well, there could be three scenarios:
1. Brokers for instos / sophs created at least 90 accounts prior to recording date. They will now suppress the share price to discourage others from participating in SPP and then help themselves to another $9mln shares which would come with two options. Effectively, they would have 40% shareholding. They would then choke the price so it goes much higher and onsell their massive holdings to say US investors.
2. Or brokers for instos / sophs can go completely feral and short sell it to the ground level and cover their shorts when the placement shares are issued.
3. Or they could combine both scenarios and make an absolute motza.
Sums up the dire state of the regulatory regime.
We shall see the outcome in a few weeks.
- Forums
- ASX - By Stock
- BLG
- BLG chart
BLG
bluglass limited
Add to My Watchlist
5.56%
!
1.7¢

BLG chart, page-588
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $31.28M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $4.714K | 271.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 507023 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1613466 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 507023 | 0.017 |
8 | 458250 | 0.016 |
10 | 2523897 | 0.015 |
2 | 190000 | 0.014 |
2 | 76924 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1613466 | 6 |
0.020 | 315078 | 3 |
0.021 | 204309 | 2 |
0.022 | 724059 | 4 |
0.023 | 21739 | 1 |
Last trade - 16.10pm 02/04/2025 (20 minute delay) ? |
Featured News
BLG (ASX) Chart |