Let's call it "non-performance rights". They couldn't even get the cash raising right. Probably done at a 20% discount on what should have been possible with existing (long suffering) shareholders left out in the cold. They had better excell at what they put the cash towards to compensate.
Another reason to mark them one out of ten. They don't seem to be doing any better at getting hold of some government support.
BLU Price at posting:
6.0¢ Sentiment: None Disclosure: Held
