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This is the second tranche as organised and approved nearly 1...

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Dentie

3,275 Posts.

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26/08/22

07:34

Post #: 63332889
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Originally posted by Pharmargeddon: ↑

the issue of another 25 million shares (to settle the $1m BLC merger)

This is the second tranche as organised and approved nearly 1 year ago with an adjustment in June reducing the need for cash in the current or next quarter

I couldn't find whether BLC made a net profit this year

BLC has a Sept 30 Balance date

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This is the second tranche as organised and approved nearly 1 year ago with an adjustment in June reducing the need for cash in the current or next quarter

Yes - agreed with HNG - but still subject to shareholder approval.

BLC has a Sept 30 Balance date

Correct - but I note they were able to separate out BLC's revenue contribution for the last 9 months - so presumably they could have done the same with expenses etc...

AN1 Price at posting: 3.2¢ Sentiment: None Disclosure: Not Held
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