Whilst I would take the Australian govt money, this is no longer an Australian Company, despite still having an office and people in Sydney. The future and financial rewards are in the US. This is the kind of boring stock that everyone berates, that keeps developing at the cutting edge until tangible breakthroughs are achieved and a big "NAME" decides they want to play. And that day the stock goes stratospheric and you don't have a hope in hell of getting in. Or it fails.
Until then, we have US Govt funding and strong partners, Australian R&D handouts and the odd contract, with a handful of supportive shareholders who will keep this going along if they believe they will see that day
Investors should not play this game if they don't like the rules.
BLG Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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