They certainly must be taking losses at this all time low - just look at many a small Cap. & others - as the EOFY approaches their appears to be a rebalancing of portfolios wide-spread!
Some will be seeking losses to offset some positives & really don't care where they come from?
BLU appears to have some choice tenements, the confidence BLU has shown in their releases over time have encouraged many to support BLU - the missing parts:
1. MOU's aren't binding!
2. Land-locked from getting GAS to markets?
3. No "Time Sense" - just a continuous never ending piece of string that is appearing eternally elastic!!!
Meanwhile if my calc's are correct the John's are holding approx. 8% of this diminishing Small Cap. after hundreds of $Mil's injected into it!
8 years ago the market pushed BLU above 35 cents and here we are getting closer to delivering GAS at some point with a SP of 1 cent!
Will the East Coast Gas shortage coming BLU's way? If so, how will BLU connect with it?
They certainly must be taking losses at this all time low - just...
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Last
1.4¢ |
Change
0.003(27.3%) |
Mkt cap ! $25.91M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.4¢ | 1.1¢ | $26.45K | 2.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 309327 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 1249152 | 2 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| BLU (ASX) Chart |