A lot of people seem to be missing the point about selling the BGS story. Sure there are many benefits to increasing the SP in the short term especially when seeking financing as some have pointed out. However it’s more about the big picture when you have a great product in order to profit from this short or long term you need to sell it. Hell even if you don’t have the best product on the market if you sell it well you will still come out in front.
BGS management themselves have acknowledged this at the AGM and buy hiring a corporate development manger. So why have we seen zero publicly since then. Especially after a great PFS release. The theory it will all come good eventually is not always true look at Beta v VHS or Novell and Mirosoft. Both great examples of inferior products with geart marketing.
I have been in this stock for 6 years now so I certainly believe in it and I don’t think I’m being impatient. I just think there is some room for improvement.
BGS Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held
