BNL blue star helium limited

Well the whole director selling is odd, unless he was a complete...

  1. 128 Posts.
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    Well the whole director selling is odd, unless he was a complete dumbass and new something we all didn't know and was trying to get out early based on that then done and dusted with inside trading and given the amount he is selling probably just got himself in a situation where he is short cash or whatever the case may be caused him to sell right now which is really stupid. Maybe funds tied up with banks and the pressure of the SP going down is forcing him to sell some? Who knows.

    Everything they have been saying leads me to believe they have something there or at least a very good feeling about it.

    Unfortunately, we are dealing with a couple of factors, the market is bit shit with people getting spooked with the rate raises which you know is bit stupid as everyone could have guessed they were going to eventually go up. We are also close to 30 June to people are reorganising portfolios for CGT reasons which is a mute point. Additionally, we are dealing with a broker accumulating or selling the stock, the course of trades shows that easily more so think they are supressing it and accumulating their position.

    Many reasons you could speculate but not really much point, we need the drilling to occur and go from there. Like a few though, I am starting to get concerned that a CR is coming, don't really see the reason for it at this point unless we have some delays or something which you know, could be the case. More so seems a classic case of mismanagement by the company and now it's time for them to put their money where their mouth is and should be buying more shares than selling to get confidence back into it.
 
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(20min delay)
Last
0.6¢
Change
0.001(10.0%)
Mkt cap ! $14.82M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $5.693K 1.017M

Buyers (Bids)

No. Vol. Price($)
32 8680196 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 1859554 4
View Market Depth
Last trade - 15.44pm 20/06/2025 (20 minute delay) ?
BNL (ASX) Chart
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