BLU 9.09% 1.0¢ blue energy limited.

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  1. 2,343 Posts.
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    OMG - what a classic ' has been that never was ' - the poor buggers that paid >15c in late 2017, and then paid 8c in 2021& 2022, must feel right total turkeys. With the widespread belief that a CR seems inevitable ... but surely ay sub 2c that would be a disaster for shareholders ??
    Isn't it strange, that the gas industry woes are due to Federal Labor, while Queensland Labor is joyfully spending the current and expected future windfall from .... gas .... the cognitive dissonance this imparts is breath taking, but then again its "political".
    Anyway, the middle eastern and American gas producers are extremely grateful to the Russians for making their product way more profitable, and especially grateful to The Little Aussie Battler for NOT taking advantage and committing to the same dumb arse policy indefinitely.
    So, its seems to me, the only salvation for BLU is if a surprise bargain basement takeover comes out of the BLU.
    Till then it remains on my leper list - untouchable.
    https://hotcopper.com.au/data/attachments/5363/5363166-ca6d7842e5af4f2ef192a333e651223f.jpg
    Last edited by MIStragic: 19/06/23
 
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