BLG 2.94% 3.3¢ bluglass limited

whats the hold up, page-8

  1. 220 Posts.
    Yes Solar Systems, into liquidation.
    The same theme again, there's a message there for the BLG board!

    They needed more cash to become viable.

    I believe the biggest mistake they made however was that, they only offered shares to select private investors, which severely retricted their scope for capital raising.

    Tough news, but I think the company's fortunes are not a reflection of the state of the PV industry.

    Cheers
 
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