BLZ 40.0% 0.7¢ blaze minerals limited

Going off MW/Cicero’s past experience we might have ourselves an...

  1. 2,861 Posts.
    lightbulb Created with Sketch. 809
    Going off MW/Cicero’s past experience we might have ourselves an acquisition within 5-6 weeks.

    VTX and SRT both made an acquisition around 6 months (or just before) from Mathew Walker becoming a substantial holder.

    He became a substantial holder of BLZ on 9 September 2015 so 6 six months from that date is 8 March 2016 (5-6 weeks away).

    That’s 5-6 weeks for the share price/market cap to put on a few bags prior to the acquisition – might be why everyone is waking up to it and might explain the recent excitement/interest.

    As everyone/most now seem to be agreeing with me that this is the best MW/Cicero shell setup out of the lot that they have/had, it now looks like BLZ will also be the most cashed up MW/Cicero shell prior to the acquisition, out of the current shells (and all of the past shells? – just taking an educated guess on all of the past ones so please correct me if I’m wrong).

    So, best Cicero setup shell out of all of their shells to date, now most cashed up Cicero shell, what’s next/coming? Best acquisition? Wouldn’t be surprised as they have had total control of BLZ since day one and haven’t had to have battles with other holders or Directors in relation to what they want to do with the Company and where they want to take it.

    Those that got their initial shares in the last placement at 4c clearly have not been selling and these same people within the Cicero inner sanctum will now get a few more shares that they likely weren’t able to get in the previous raise and I get the feeling that they won’t be selling these either as I’m assuming that they might have a bit more of an idea of what’s coming then the rest of us.

    To those on the sidelines, hoping for a better entry; you might get it but probably more likely that you won't - it's very cheap where it is right now for a Cicero shell that's cashed up and setup like no other Cicero shell is/has been.

    MW/Cicero & Co own and control nearly all of the shares on issue so you'd think that they'd want/get the best returns for it.

    Cheers,

    GB.
 
watchlist Created with Sketch. Add BLZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.002(40.0%)
Mkt cap ! $3.142M
Open High Low Value Volume
0.5¢ 0.7¢ 0.5¢ $14.17K 2.299M

Buyers (Bids)

No. Vol. Price($)
1 1000000 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1628565 4
View Market Depth
Last trade - 12.57pm 02/12/2024 (20 minute delay) ?
BLZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.