Yes Holdtight. Valuations for BluGlass at full capacity could in fact end up over $1.00 with a weaker AUD. I’m guessing post one further capital raise and assuming it is diluting that the valuation will be somewhere between your numbers and my back of the envelope numbers. Either way we are looking at over say 70c.
The question is “how long does it take us to reach full capacity and given markets are forward looking, when does the market price BluGlass accordingly?
Assuming we spend the next 18 months fine tuning our product offering and product validations are fruitful then perhaps late 2025 early 2026 we will see the share price over 50c.
BLG Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
