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21-11-2013, 04:27 PM
#3591
.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.
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21-11-2013, 04:32 PM
#3592
Member
Originally Posted by GR8DAY
.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.
And a late run of buying... back up to 2.9c, sellers at 3c. Will it close at/near its high? Will there be any media coverage of this quite impressive rise to spark more activity tomorrow?
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21-11-2013, 04:38 PM
#3593
Originally Posted by GR8DAY
.....yep great liquidity coming into the stock also now and that's a sure sign of solid support.
Hmmmm....maybe. Many of today's punters are just buying the day's excitement and could lose their enthusiasm when the half-year result (loss) is announced.
Though, when you look at RYM, maybe news of a loss might be well received - they announce a 22% increase in profit and dividend today and the SP is down 3 cents at this moment.
Still, I think that unless BLT give really positive guidance about turning a profit, as well as the other things I mentioned in an earlier post today, then a drop in SP is almost inevitable following the announcement.
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21-11-2013, 04:43 PM
#3594
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21-11-2013, 04:43 PM
#3595
Member
Volume just ticked over 8mil shares for the day. VWAP 2.6c - very strong support. Really looking forward to what tomorrow brings!
Last edited by Nigel; 21-11-2013 at 04:43 PM.
Reason: typo
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21-11-2013, 05:00 PM
#3596
You guys really rolling in it now ...well done
After 3 cents comes 4 cents and then 5 cents and so on
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21-11-2013, 05:02 PM
#3597
We're just going for odd numbers after this. 3,5,7 ...
Hard to say what this is. Easy to say its a crowd going mad, but it doesn't quite feel right for that either.
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21-11-2013, 05:09 PM
#3598
One percent is about 10m shares. We've had many times that trading. Are we due some SSHs by now?
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21-11-2013, 05:30 PM
#3599
Originally Posted by simla
One percent is about 10m shares. We've had many times that trading. Are we due some SSHs by now?
....Only if the big boys have been topping up their earlier .7cent and 1 cent SPP purchases. But I think it's mainly small traders and investors having a play over the past few days. After all 8 million shares changed hands today but for only $214k of value - so hardly a major spend up by anyone.
Originally Posted by winner69
After 3 cents comes 4 cents and then 5 cents and so on
I think anything over 4 cents is a year or two away - depending on how quickly a profit is forecast to materialise - and how much it is!
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21-11-2013, 07:45 PM
#3600
Member
Anyone note any media coverage today re:Blis (apart from the ODT article)
Nothing on Radio live Drive......stil too busy talking about XRO
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