See the latest from Blue Star Helium Limited’s (#ASX: $BNL; #OTCQB: $BSNLF) projects including Galactica/Pegasus where BNL has a landmark farm-in agreement with Helium One Global Ltd. The project is expected to produce its first helium during H1 2025, while BNL is progressing plans to monetise CO2 gas from both Galactica/Pegasus and its Serenity project. Find out more in the Quarterly Report 👉 https://lnkd.in/gBSekpgZ #BNL #BSNLF #bluestarhelium #GalacticaPegasus #ASX #OTCQB #BSNLF #helium #asxnews
Michael Griffin
1mo
p.s. I have not had that problem on the London Stock Exchange.
Part Time
1moI accumulated 173,000 shares of BSNLF at Fidelity Investments. I have 3,000 more at Charles Schwab. When Blue Star got the funding from Helium One, I tried for a day or two to sell BSNLF as a limit order good for one day. I priced my bid anywhere from $0.039 to $0.015. It did not sell. I decided to call a broker and authorize a market order sale. Fidelity Investments cautions prices have a 10 minute delay, but I don’t think that was the problem. I suspect the time difference between United States and Australia plus the fact that the Stock Exchange is Australian was my problem. The stock sold at $0.001. I bought it at $0.01. I lost about 80% of my principal investment money. In future, I would not buy BSNLF because I could not sell it. American Depository Receipts are a different story. I don’t know why, but ADRs seem to cost more than the way BSNLF is now. I could sell the ADR without a problem, but I could not afford to buy 173,000 shares probably.