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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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($) | Vol. | No. |
---|---|---|
1.0¢ | 490053 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 596000 | 0.009 |
28 | 10585939 | 0.008 |
12 | 3457142 | 0.007 |
3 | 1100166 | 0.006 |
7 | 2840000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 490053 | 5 |
0.011 | 10246831 | 14 |
0.012 | 8285443 | 8 |
0.013 | 1157763 | 3 |
0.014 | 820095 | 4 |
Last trade - 10.43am 30/07/2025 (20 minute delay) ? |
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BLG (ASX) Chart |