Early in the year I was reasonably optimistic that BLG would deliver on their looong held promise of commercialising their tech. I felt then if we did we could see lift in share price to around 40c. Giving a market around $250to $300m. however, with the current market optimism and speculation on new tech companies such as NVX and BRN I think it possible to see BLG as the next big thing. Market Cap could reach $1 to $2 billion on any successful entry into commercial contracts. Just think of a SP of $1.50 to $3.00. Would not have thought possible but look at the likes of APT , BRN and NVX. None have returned a red cent to shareholders and may never. Yet they have soared into the $billion market cap club. possible yes. Likely - doesn’t really matter nowadays. I’m in and ready for laser diodes to bring credibility and then chomping at the bit for just one positive contract with a major LED company.
BLG Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)