Looking purely at the chart, u could make a very good case for a sub $1.00 share price. Chart's in freefall.
I wouldn't bank on it however. Im a highly competent technical analyst and I wouldnt have a clue where BLT is headed in the near term. When we were at 50c I'm sure nobody envisaged a $2.30 share price inside of a few week period. I think we get some serious share price appreciation after the second tranche of stock has been issued and it would coincide with some results from the current testing regime. The only reason we're not under $1.00 now is because of the specialist US Hedge funds on the register. Talk of not approving the tranche is ludicrous.
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