Depends upon what you think the options are worth.
CR participants probably won't be buying on market at this stage, so demand will come from traders and short-term investors. I won't be looking in the next days/weeks for any CR profit. Any profit would just be on paper anyway. Paper profits can come and go. I also want to see me 6c CR shares back in the money before I will be happy. Actually, what about the ones I bought in the 30 cent range.
The market cap of BLG at halt was around $72.8m (4.6c). It should still be worth at least that. Not because they have raised cash - that will be spent. It should increase in value as they progress their work with the additional funds. They are also more securely funded. There should be no fear of when the next CR is.
We now wait for the quarterly report and any news on any project proposals to CLAWS. In the meantime, watch the "LASER: Modern warfare's strategic weapon" video. It really expands on what they mean when they talk about opportunities in Defense.
BLG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
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