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2.5¢ bluglass limited

"Markets are moved by emotions and rationalised through...

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MTV

1,799 Posts.

608

12/07/24

14:09

Post #: 74727396
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Originally posted by Happ: ↑

@Holdtight

You said: "its very clear that you have no understanding of the company and whats occurring at present. It really is make or break this next 6-12 months."

My response: How is my opinion that the share price could be locked in the current range until March 2025 (which is 7 months away) inconsistent with your opinion?? I get that you are defensive but there is no need to make personal attacks on others without basis.

@MTV
Yes, I understand all that. That's why I said that it could be just a psychological barrier. Markets are moved by emotions and rationalised through fundamentals. WBT is a good example of that in the past couple years. Until the big players get set and tell everyone that BLG is the next big thing, it won't move. I reckon the accumulation will continue until just after the expiry of options, so won't be reentering it now. And yes, I could be wrong.

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"Markets are moved by emotions and rationalised through fundamentals"

Yes, agreed. But I think for the moment BLG still has mostly fairly savvy investors on the share register. Things could a become a lot less rational and a lot more emotional if and when the stock comes onto the radar of the wider market. Cheers.

BLG Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $45.97M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.4¢	$77.28K	3.043M

Buyers (Bids)

No.	Vol.	Price($)
4	304438	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	535000	2

View Market Depth

No.	Vol.	Price($)
4	304438	0.024
13	1347358	0.023
16	991822	0.022
5	384476	0.021
12	504906	0.020

Price($)	Vol.	No.
0.026	535000	2
0.027	140000	1
0.028	220000	1
0.029	468000	3
0.030	1115738	6

Last trade - 16.10pm 02/10/2024 (20 minute delay)

BLG (ASX) Chart