BAS 1.67% 6.1¢ bass oil limited

G'day all.Interesting discussion.There is no doubt in my mind...

  1. 365 Posts.
    G'day all.

    Interesting discussion.
    There is no doubt in my mind that 3m parcels are connected to Albers (and recent ASX notifications confirm this).

    Two things. One, it could be linked to an attempt to reduce holdings under the 20% limit. This would make sense.

    Also remember though, back at the height of the Zane-Gray drilling, Albers also sold off some stock to free up some cash. It would a huge amount but he still did it as drilling was about to commence. We could also be simply seeing this happen. Now interest is growing in BAS, it is easier to skim a little off the stock now rather than wait and reduce the pre-spud run - an act that would ultimately reduce the value of the large amount of his remaining stock.

    Bring on an updated estimate report!
 
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Last
6.1¢
Change
0.001(1.67%)
Mkt cap ! $17.71M
Open High Low Value Volume
5.8¢ 6.1¢ 5.8¢ $15.41K 256.7K

Buyers (Bids)

No. Vol. Price($)
1 508474 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 43001 1
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Last trade - 15.04pm 28/06/2024 (20 minute delay) ?
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