BCT 0.00% 0.3¢ bluechiip limited

Ann: Quarterly Activities & Appendix 4C Cash Flow Report, page-2

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  1. 65 Posts.
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    Well, well, well, sales up, but a fraction of the opperating costs.

    Painted a rosy picture of uptake by big pharma while issuing millions of shares and driving down the SP.

    Seem to be preparing the company for sale at a fraction of the cost, but grooming SH to accept a sale at P/P/S that makes existing holders think, it could be worse.

    Pretty good caper, existing management stay on after the sale to steady the transition and then take a golden handshake when they leave. Fairly standard form in this game.

    If I seem negative it is because I am. Looking like a long term grooming exercise from since the Labcon fiasco.

    Cant see anything other than a huge loss on this. Come on BCT, prove me wrong.

 
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