Ann: Listing Rule Compliance, page-2

I calculate it was a 22% breach. Hard to pass off as a simple error since all BOD are bean counters, but still just a slap on the wrist instead of a hefty fine. ASX is not pulling its weight. Some of the Perth cowboys seem to know it well.

Those who lose are existing share holders, those who gain are the "soffs known to the company"

Add to this the obvious manipulation of SP between 1c and 2c with 1.5 available to the privileged few and we can draw some inferences about the true purpose of BLZ.

Probably I should also check if they also breached the 10% rule of Listing Rules Chapter 7, Rule 7.1A.

Cheers.

By the way, ASX informs all companies that they can calculate the 15 day VWAP for them if they ask, must reckon they are dumbos.