My first contribution here :) I sat down to watch Lateline one night 10 years ago and the lead story was about an unknown Aussie biotech company with a very promising future. Didnt have much cash at the time but what I did have went straight into BLT the next day. Watched it rise from 40c to $1.35 in a matter of months. Pulled out a few months later (luckily) at 95c. Since then I've had an on and off relationship and been mostly burnt due to all the litigation and dilution etc. The moment the Graham patent was successfully defended I jumped back in and have put every cent I can get together into them. I am a BELIEVER!!! ALL buys, no sells for 3 years now. Buying an investment property at the moment and picked Monday as the day that I would "play" with BLT to grab a quick profit on the volatility surrounding the SP. Have felt sick to death since then cos that "play" cost me about 10% of my holdings - which have become quite considerable over the years. This technology WILL work. These shares WILL be worth a motza in the not too distant future. My tears have only just dried 4 days later - well the odd one trickles down my cheeks :). DO NOT SELL. DO NOT PLAY. Sage advice from someone who doesn't really know a great deal about science but SMELLS a winner :)
BLT Price at posting:
$1.81 Sentiment: Hold Disclosure: Held