Interesting start to trading

  1. 607 Posts.
    lightbulb Created with Sketch. 33
    Looks like there was a big seller waiting in the wings for an opportunity to divest their 2 million shares.
    There are very few opportunities to do this with BLG on the open market, so they pounced this morning. Hit the ASX and CXA simultaneously.
    The 1 million buyer also finally got nearly all of his order.
    Hopefully this transaction will settle things down a bit, but don't forget the end of the FY is coming up so there will be others selling while the price is down to offset their capital gains.
    I can't see any positive action until July, unless an announcement is forthcoming.

    Cheers all

 
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(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $25.76M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $8.473K 847.3K

Buyers (Bids)

No. Vol. Price($)
2 596000 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 490053 5
View Market Depth
Last trade - 10.43am 30/07/2025 (20 minute delay) ?
BLG (ASX) Chart
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