i sold BAS and you should too, page-2

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14/04/25

20:58

Post #: 78687578
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Originally posted by Kingdong: ↑

so I had high hopes for BAS. no debt, producing and with and good prospects to uncover

but as i spent more time invested in BAS I came realise that the management is not up to the job of delivering, one delivering excitement and interest to the market and two actually delivering results in the real world

first of all the time taken to flow test a well that was already drilled by another company was ridiculous. then the time to make a deal to put the well into production is what gave me cold feet and the need to sell

its been sooo long that I have the feeling they are not capable of making a deal to put the well into production, hence if not they will have to do a cap raise to fund it themselves, with a tanking stock price the dilution is going to be really bad, so I had to sell

and I sold and put into one of my other stocks that is actually doing well, made up the loss of sale just on price movement today, so if you are in the hole on BAS from personal experience I can say its better to just sell, leave this dog and put into a better opportunity and start actually making money and progress

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I actually emailed Tino today,just to say that we have been too quiet on the positive newsfront & the way the share price is dropping & the oil price dropping and the volatility in the markets, if the share price keeps dropping,any positive announcement may only be getting it back to the level that we're sitting at now..anyway,this was his reply

BAS Price at posting: 4.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.9¢		Change 0.000(0.00%)		Mkt cap ! $9.262M

Open	High	Low	Value	Volume
2.9¢	2.9¢	2.9¢	$1.036K	35.72K

Buyers (Bids)

No.	Vol.	Price($)
2	230307	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	100099	2

View Market Depth

No.	Vol.	Price($)
2	230307	0.026
4	215000	0.025
1	100000	0.024
2	543478	0.023
3	420000	0.022

Price($)	Vol.	No.
0.030	100099	2
0.031	532739	1
0.033	161306	2
0.034	78520	2
0.040	107189	3

Last trade - 10.13am 23/07/2025 (20 minute delay)

BAS (ASX) Chart

i sold BAS and you should too, page-2

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i sold BAS and you should too, page-2

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