Hi benboy77,
Breakaway report was 3 years ago & at the time there were 1142 million SOI at 11 cents for a market cap of $126 million.
Now there are 1328 million SOI at 6.7 cents for a market cap of $89 million - BLU may settle a bit higher from here in the short term.
The Breakaway report is as relevant now as it was 3 years ago & here it is:
https://blueenergy.com.au/files/media/15.blue_energy_research_report_final250917.pdf
It seems that the COVID hit to the economy has finally pushed the Qld & Fed govts into action on the need for cheap & plentiful domestic gas for end users.
Great news for BLU - Bowen gas down a 400km pipeline - how hard can it be!!
.
Update, page-76
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $12.95M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $2.749K | 380.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4322937 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2267250 | 7 |
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| Last trade - 15.10pm 08/11/2024 (20 minute delay) ? |
| BLU (ASX) Chart |