BAS 8.45% 6.5¢ bass oil limited

The recent 0.4c overhang from Lindh is probably related to the...

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. 2,847 Posts.
    lightbulb Created with Sketch. 18
    The recent 0.4c overhang from Lindh is probably related to the options he exercised.

    Sometimes people need cash... divorce, fancy new house, whatever...

    You could view it as frustrating or opportunity.

    Now given the current operating performance of the company - cash flow positive, the pending self funding drill program, an acquisition looming, $68/barrel oil price... I see opportunity

    It is fair to say we would be bid 0.5c if it wasn't for Lindh selling down, so how much does he have to go?

    10 - 20M shares?

    Nice.

    I bought another 3M this morning.

    .
 
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.