Why are we getting news on social media platforms that don’t rate an ASX announcement? The predictable pattern here will be strong news flow next week or two around Galactica, followed by AGM, perhaps additional announcement around Voyager progress, followed by CR. Anyone disagree? Have I got the order right?
I would love to be wrong, but I cannot see BNL allowing cash reserves to dwindle this quarter and next without a raise to ensure viability, it’s just a question of a what price? With games played to hold the price where it is at the moment, I would guess the VWAP is being held to allow a low entree for those who recently bought in at .02
Happy to hear alternative thoughts. DYOR.
GT
BNL Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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