Patience is a virtue. I think some of us here are quite virtuous.
You would have to think now BLU will keep dropping until the next progression. Another sales agreement. “You like me, I like you. If ever you get some gas I will buy it “. This is great. It should encourage investment in infrastructure to the Bowen reserves. But that’s what we are waiting for. Completion of the pipeline feasibility study by QLD government. And hopefully it will run in to feed BLU tenements. If you think this is a given, then hang tight. The share price would have to go north of 20 cents once announced. Until then, I have put some funds aside to wait for BLUE to bottom out. It makes no real difference if the price is 2 cents or 12 cents ( to me) until we get confirmation of the pipe line. Is it a gamble.....
BLU being shorted, page-30
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $18.51M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $12.28K | 1.117M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4950456 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1992567 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
-0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.1¢ | 1.0¢ | 543801 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| BLU (ASX) Chart |