Ann: BLG receives $120k order for GaN lasers from repeat customer, page-11

  1. 916 Posts.
    lightbulb Created with Sketch. 202
    this is dying a slow and painful death

    last cap raise buyers are well underwater

    money is being burnt and there is little income to cover it

    With no significant customers in sight another cap on raise will be on the horizon shortly, and after the dwindling share price has burnt previous purchasers the next discount to will need to be significant to attract any interest, which will further depress the share price

    potential customers have had plenty of time to test BLGs offerings and so far there has been little interest

    BLG - “makers of the worlds best blue laser - that no one wants to buy”
    Last edited by Grapire: 23/02/25
 
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