BAS 8.45% 6.5¢ bass oil limited

Ann: Tangai-Sukananti - March Operations Update, page-17

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 171 Posts.
    lightbulb Created with Sketch. 7
    This last line won't help things:

    "Shares in Bass plunged 20% in late afternoon trade to A$0.004."

    I would have thought that the writers for that site would at least have a slight knowledge of the sharemarket and wouldn't use words like "plunge" for a smallcap. A plunge for BAS would be going to 0.002. A move from 0.005 to 0.004 (particularly when based on a small cross-trade) is par for the course for this stock.

    In regards to the stock not moving, obviously things like this don't help, but I tend to agree that with all the crosstrades that go on just before Close of trading most days that this is being kept artificially low for someone to accumulate. This morning we have seen so far two purchases: one for 1 (yes one) share and one for $33 worth of shares.
 
watchlist Created with Sketch. Add BAS (ASX) to my watchlist
(20min delay)
Last
6.5¢
Change
-0.006(8.45%)
Mkt cap ! $26.13M
Open High Low Value Volume
6.9¢ 6.9¢ 6.5¢ $18.97K 286.9K

Buyers (Bids)

No. Vol. Price($)
2 31250 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 1047 1
View Market Depth
Last trade - 15.53pm 07/11/2024 (20 minute delay) ?
BAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.